Gasping for air, RadioShack on Tuesday said that it has tapped advisory firm FTI Consulting.» Read More
Still figuring out your Black Friday battle plan? This road map of store openings can help.
After evaluating 64 big box stores' digital IQs, L2 concluded that 39 percent are just "average."
In an effort to coax consumers into spending their holiday budgets at their stores, retailers are once again pushing the envelope this Thanksgiving.
Toys R Us and J.C. Penney will also open at 5 p.m. on Thanksgiving Day.
Struggling electronics chain RadioShack on Monday added its name to the growing list of retailers that will be open on Thanksgiving Day.
Franchises have been lucrative for entrepreneurs, but also have a high default rate. Here are 10 big franchises that faced financial ruin.
Oct 30- A major RadioShack Corp lender is attempting to buy a bigger part of the electronic retailer's debt in exchange for backing the company's store-closing plan, Bloomberg reported, citing people familiar with the matter. Salus Capital Partners LLC is seeking to buy as much as $465 million of the $585 million of loans arranged for affiliates of...
An under the radar hedge fund, Standard General, is trying to help RadioShack and American Apparel, reports the New York Times.
Despite some bullish forecasts coming out of the retail industry, it isn't necessarily shaping up to be a Merry Christmas for everybody.
Start-up Thync says it has raised $13 million to create a wearable brain device that promises to alter your state of mind, Re/code reports.
RadioShack has reached an agreement to refinance about $590 million of loans to restock ahead of the holiday season, sources said.
Oct 3- A group of investors led by RadioShack Corp's largest shareholder, Standard General LP, have replaced a $585 million debt facility that had been provided to the electronics retailer by GE Capital in a move that will allow the struggling company to tap more funds, sources familiar with the matter said. The deal arranged by the hedge fund, which holds a 9.8...
Companies making headlines before the bell Friday:
NEW YORK, Oct 3- RadioShack Corp was one of the biggest movers in premarket trading Friday, jumping after Bloomberg reported that the troubled electronics retailer had reached a refinancing deal with Standard General. In the agreement, about $590 million of loans would be refinanced for the company to re-stock ahead of the holiday season, Bloomberg reported.
Oct 3- Cash-strapped electronics retailer RadioShack Corp has reached an agreement with a consortium led by its largest shareholder Standard General LP to refinance about $590 million of loans to re-stock ahead of the holiday season, Bloomberg reported, citing a person familiar with the matter. The New York- based hedge fund will lead a group of lenders to...
An analyst said regardless of what the retailer carries, its biggest issue remains it has no money to market its inventory.
Sept 26- RadioShack Corp shareholder Standard General LP said it was in talks to improve the troubled electronics retailer's cash position ahead of the crucial holiday season. Standard General said it also raised its stake in RadioShack to 9.8 percent from 7.08 percent, becoming the company's largest shareholder.
Take a look at some of Friday's midday movers: Apple, RadioShack, Shutterfly & more
RadioShack's shares were up 21 percent at 96 cents in morning trading on the New York Stock Exchange. Standard General, which raised its stake in RadioShack to 9.8 percent from 7.08 percent to become the largest shareholder, said its proposals include purchasing the company's loans and other commitments under its credit facility.
Wal-Mart's vice president of corporate communications is leaving after a background check revealed he hadn't finished his college degree.