RS Legacy Corp. (fka RSHCQ)

[chaostrader]

Actually Radio Shack should have been out of business long ago just like Sam Goody, Crazy Eddie and No Body Beats the Wiz closed its doors.

What kept Radio Shack going was getting the necessary capital to flood the market with new stores.

New stores = Instant New Revenues, of course the picture looked bright at the time. When those stores weren't growing in sales that was the red flag.

I remember when Best Buy did this back in the late 90s. The difference, BBY flooded the market with large super stores. This helped them to stranglehold the manufacturers by the neck in order to give them the lowest cost possible. Walmart is the king of that.

Radio Shack tried to be this convenient store style electronic store. This is why RSH is at .84 with no hope.