{"id":9922,"date":"2014-06-13T09:39:45","date_gmt":"2014-06-13T13:39:45","guid":{"rendered":"http:\/\/swling.com\/blog\/?p=9922"},"modified":"2014-06-13T09:39:45","modified_gmt":"2014-06-13T13:39:45","slug":"radioshack-turnaround-is-nearly-impossible","status":"publish","type":"post","link":"https:\/\/swling.com\/blog\/2014\/06\/radioshack-turnaround-is-nearly-impossible\/","title":{"rendered":"RadioShack turnaround is \u2018nearly impossible\u2019"},"content":{"rendered":"

\"1280px-RadioShack_Exterior_Modified\"<\/a><\/p>\n

Many thanks to Dave and Skip for sharing this article from the Wall Street Journal<\/em> which highlights the struggle RadioShack faces this year: an effort to modernize before their stock value slips to zero:<\/p>\n

(Source: The Wall Street Journal, Marketwatch<\/a>)<\/p>\n

\n

RadioShack Corp.\u2019s mounting losses amid declining sales have been widely covered in the media. The company\u2019s misfortune has also inspired Wall Street analysts to slash their target price on the stock, with a range this year of $1 to $3 a share.<\/p>\n

However, that changed on Wednesday after B Riley analyst Scott Tilghman, who already rates the stock\u00a0RSH<\/span>\u00a0+0.87%<\/span><\/a><\/span><\/span>\u00a0a sell, lowered his price target to zero from $1 a share after the company on Tuesday reported another in a series of wider-than-expected losses. The company\u2019s cash level also plunged. Chief Financial OfficerJohn Feray<\/a>\u00a0said Tuesday the company has enough liquidity to execute its turnaround over the next 12 months, and that it\u2019s examining expenses from utility bills to ocean freight.<\/p>\n

\u201cWe think survival is in real jeopardy\u201d with the cash burn and lack of asset value, the analyst told MarketWatch.<\/p>\n<\/blockquote>\n

Continue reading on WSJ’s Marketwatch.<\/a><\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

Many thanks to Dave and Skip for sharing this article from the Wall Street Journal which highlights the struggle RadioShack faces this year: an effort to modernize before their stock value slips to zero: (Source: The Wall Street Journal, Marketwatch) RadioShack Corp.\u2019s mounting losses amid declining sales have been widely covered in the media. The […]<\/p>\n","protected":false},"author":15,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[3,714],"tags":[381,380,3012],"class_list":["post-9922","post","type-post","status-publish","format-standard","hentry","category-news","category-retailers","tag-radio-shack","tag-radioshack","tag-tandy"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/pn3uc-2A2","jetpack-related-posts":[{"id":11986,"url":"https:\/\/swling.com\/blog\/2015\/01\/radioshack-prepares-for-bankruptcy\/","url_meta":{"origin":9922,"position":0},"title":"RadioShack prepares for bankruptcy","author":"Thomas","date":"January 15, 2015","format":false,"excerpt":"(Source: ARS Techinica via WSJ) \"It's a move many have predicted for some time: RadioShack is probably going to file for bankruptcy protection. According to a\u00a0Wall Street Journal\u00a0report\u00a0citing unnamed sources, the cash-poor retailer could submit its filing as soon as February 2015.\u00a0A RadioShack spokesperson e-mailed Ars to say, \"We decline\u2026","rel":"","context":"In "News"","block_context":{"text":"News","link":"https:\/\/swling.com\/blog\/category\/news\/"},"img":{"alt_text":"1280px-RadioShack_Exterior_Modified","src":"https:\/\/i0.wp.com\/swling.com\/blog\/wp-content\/uploads\/2014\/06\/1280px-RadioShack_Exterior_Modified.jpg?resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/swling.com\/blog\/wp-content\/uploads\/2014\/06\/1280px-RadioShack_Exterior_Modified.jpg?resize=350%2C200 1x, https:\/\/i0.wp.com\/swling.com\/blog\/wp-content\/uploads\/2014\/06\/1280px-RadioShack_Exterior_Modified.jpg?resize=525%2C300 1.5x"},"classes":[]},{"id":11468,"url":"https:\/\/swling.com\/blog\/2014\/11\/new-radioshack-portable-amfmsw-radio\/","url_meta":{"origin":9922,"position":1},"title":"New RadioShack portable AM\/FM\/SW radio?","author":"Thomas","date":"November 22, 2014","format":false,"excerpt":"SWLing Post reader, Paul, points out this RadioShack model 2000669 portable radio and asks, \"Is this a new RadioShack shortwave radio?\" Very good question! Though I haven't been inside a RadioShack in a couple of months, I've never noticed this portable on their shelves. In fact, I don't even recognize\u2026","rel":"","context":"In "New Products"","block_context":{"text":"New Products","link":"https:\/\/swling.com\/blog\/category\/new-products\/"},"img":{"alt_text":"RS-ShortwaveRadio","src":"https:\/\/i0.wp.com\/swling.com\/blog\/wp-content\/uploads\/2014\/11\/RS-ShortwaveRadio.jpg?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":24601,"url":"https:\/\/swling.com\/blog\/2017\/03\/radioshack-files-for-bankruptcy\/","url_meta":{"origin":9922,"position":2},"title":"RadioShack files for bankruptcy","author":"Thomas","date":"March 10, 2017","format":false,"excerpt":"Many thanks to SWLing Post contributor, Dave Zantow (N9EWO), who shares the following news from Reuters: RadioShack chain operator files for bankruptcy protection (Reuters) - U.S. electronics chain RadioShack Corp filed for bankruptcy on Wednesday for the second time in a little over two years, faced with a challenging retail\u2026","rel":"","context":"In "News"","block_context":{"text":"News","link":"https:\/\/swling.com\/blog\/category\/news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/swling.com\/blog\/wp-content\/uploads\/2015\/02\/RadioShack-StoreClosing-2.jpg?resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/swling.com\/blog\/wp-content\/uploads\/2015\/02\/RadioShack-StoreClosing-2.jpg?resize=350%2C200 1x, https:\/\/i0.wp.com\/swling.com\/blog\/wp-content\/uploads\/2015\/02\/RadioShack-StoreClosing-2.jpg?resize=525%2C300 1.5x"},"classes":[]},{"id":12240,"url":"https:\/\/swling.com\/blog\/2015\/02\/complete-list-of-radioshack-store-closure\/","url_meta":{"origin":9922,"position":3},"title":"Complete list of RadioShack store closures","author":"Thomas","date":"February 7, 2015","format":false,"excerpt":"Many thanks to my friend, David (K2WNW), for sharing the following link to a RadioShack Corporation document which lists all retail store closures. Click here to download (PDF).","rel":"","context":"In "News"","block_context":{"text":"News","link":"https:\/\/swling.com\/blog\/category\/news\/"},"img":{"alt_text":"1280px-RadioShack_Exterior_Modified","src":"https:\/\/i0.wp.com\/swling.com\/blog\/wp-content\/uploads\/2015\/02\/1280px-RadioShack_Exterior_Modified.jpg?resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/swling.com\/blog\/wp-content\/uploads\/2015\/02\/1280px-RadioShack_Exterior_Modified.jpg?resize=350%2C200 1x, https:\/\/i0.wp.com\/swling.com\/blog\/wp-content\/uploads\/2015\/02\/1280px-RadioShack_Exterior_Modified.jpg?resize=525%2C300 1.5x"},"classes":[]},{"id":12162,"url":"https:\/\/swling.com\/blog\/2015\/02\/radioshack-nears-the-end\/","url_meta":{"origin":9922,"position":4},"title":"RadioShack nears the end","author":"Thomas","date":"February 4, 2015","format":false,"excerpt":"Many thanks to Ron, who shares this link to a story from\u00a0the ARRL News: RadioShack\u2019s Long, Slow Downward Slide Nears the End The end is near for RadioShack. It seems inevitable that the once seemingly ubiquitous electronics and cell phone retailer will liquidate its assets, after which RadioShack would cease\u2026","rel":"","context":"In "News"","block_context":{"text":"News","link":"https:\/\/swling.com\/blog\/category\/news\/"},"img":{"alt_text":"radioshack-logo","src":"https:\/\/i0.wp.com\/swling.com\/blog\/wp-content\/uploads\/2015\/02\/radioshack-logo.jpg?resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/swling.com\/blog\/wp-content\/uploads\/2015\/02\/radioshack-logo.jpg?resize=350%2C200 1x, https:\/\/i0.wp.com\/swling.com\/blog\/wp-content\/uploads\/2015\/02\/radioshack-logo.jpg?resize=525%2C300 1.5x"},"classes":[]},{"id":24524,"url":"https:\/\/swling.com\/blog\/2017\/03\/radioshack-successor-may-declare-bankruptcy\/","url_meta":{"origin":9922,"position":5},"title":"RadioShack successor may declare bankruptcy","author":"Thomas","date":"March 6, 2017","format":false,"excerpt":"I'm returning after a week of travels\u00a0and spending time with friends at the Winter SWL Fest in Plymouth Meeting, PA. I'm also catching up on a few news items! \u00a0Many thanks to a number of SWLing Post contributors and Fest attendees for sharing this news regarding electronics retailer, RadioShack: (Source:\u2026","rel":"","context":"In "News"","block_context":{"text":"News","link":"https:\/\/swling.com\/blog\/category\/news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/swling.com\/blog\/wp-content\/uploads\/2015\/02\/RadioShack-StoreClosing-2.jpg?resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/swling.com\/blog\/wp-content\/uploads\/2015\/02\/RadioShack-StoreClosing-2.jpg?resize=350%2C200 1x, https:\/\/i0.wp.com\/swling.com\/blog\/wp-content\/uploads\/2015\/02\/RadioShack-StoreClosing-2.jpg?resize=525%2C300 1.5x"},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/swling.com\/blog\/wp-json\/wp\/v2\/posts\/9922","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/swling.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/swling.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/swling.com\/blog\/wp-json\/wp\/v2\/users\/15"}],"replies":[{"embeddable":true,"href":"https:\/\/swling.com\/blog\/wp-json\/wp\/v2\/comments?post=9922"}],"version-history":[{"count":0,"href":"https:\/\/swling.com\/blog\/wp-json\/wp\/v2\/posts\/9922\/revisions"}],"wp:attachment":[{"href":"https:\/\/swling.com\/blog\/wp-json\/wp\/v2\/media?parent=9922"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/swling.com\/blog\/wp-json\/wp\/v2\/categories?post=9922"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/swling.com\/blog\/wp-json\/wp\/v2\/tags?post=9922"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}