This is a story that hits close to me and is worth the slight departure from normal blogging that I do here.
Its another in a string of sad days for this once great and thriving company. I have very fond and deep feelings for this company that allowed me to earn my stripes as a Mgr and helped me grow so much as a person.
But RS is dying a horrible slow death. A 68% drop in share price in a yr. A yr that saw most stks rise 10-20%. Once thought of as a main cog in retail electronics, RS is now a seldom thought of store of last resort.
Instead of kids saying “Neat a cool gift” now you see they say to themselves, “You got me something from Radio Shack?”
Production identification and the brand has been a double edged sword for RS. Like most box…
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