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Financial Stability
Financial Stability
Radio Shack has demonstrated its dedication to growth and innovation by essentially “reinventing” itself over the past two years. The company new change was in order due to slumping sales and the realization that competing with its larger competitors in the areas of high-ticket items was fruitless. The company’s net income dropped from 368 million dollars in the year 2000 to just 166.7 million dollars in the year 2001. Radio Shack’s tight quarters made it a bad fit for selling items such as the high-end TVs and DVD players.
Radio Shack discovered a solution to this problem when it decided launched its unusual "B2B" strategy: Back-to-Batteries. ...
Financial Stability
Radio Shack has demonstrated its dedication to growth and innovation by essentially “reinventing” itself over the past two years. The company new change was in order due to slumping sales and the realization that competing with its larger competitors in the areas of high-ticket items was fruitless. The company’s net income dropped from 368 million dollars in the year 2000 to just 166.7 million dollars in the year 2001. Radio Shack’s tight quarters made it a bad fit for selling items such as the high-end TVs and DVD players.
Radio Shack discovered a solution to this problem when it decided launched its unusual "B2B" strategy: Back-to-Batteries. ...
Posted by: Darren McCutchen
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