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RadioShack CEO Resigns

xzvf writes to tell us Forbes is reporting that RadioShack CEO David J. Edmondson has resigned. Reeling from a 62% drop in fourth quarter net income the company has announced a sweeping restructuring plan. From the article: "Edmondson said in a separate statement Monday that new leadership was needed so the company's turnaround plan would have the best possible chance to succeed. The revamp announced Friday prompted mixed responses from analysts, who indicated the plan might be successful but, at that time, they doubted Edmondson's ability to pull it off after it became clear he had lied about his education."

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  1. Re:I Hate RadioShack by Himring · · Score: 4, Informative

    You must not work much with technology in a tactile fashion. Radio Shack is irreplacable in most mid-sized to small towns wherein it is the only place you can walk in and purchase certain eletronic parts to complete projects. Where else can you view and select from a wide choice of project boxes in a store front? Sure, there are tv repair shops and the like, but they do not special in the retail sales of these parts, and even if they do have it you'll pay an arm and a leg. This says nothing of such things as batteries for watches and the like. Walmart, Office Depot, Staples ... they will carry only the most popularly used battery watches. You'll most likely have to order online or from the company for the rest. But you can walk into a radio shack and get the same thing right away without waiting or paying for shipping.

    You may read and post on /., but I doubt you're much of a geek beyond that....

    --
    "All great things are simple & expressed in a single word: freedom, justice, honor, duty, mercy, hope." --Churchill
  2. Re:Where do people buy parts? by Tlosk · · Score: 4, Informative

    There's not really any national chains but it's not uncommon to find at least one really nice electronics surplus shop in most larger metropolitan areas. And by nice I mean they have a large range of components. But they rarely advertise and can be in off the beaten path locations, so it can be a challenge to find them. That and they are usually run by someone advancing in years who does it as much because they love it as to make money off it, and when they retire it's unlikely to continue as a going concern, so one by one these great places are winking out across the country. Unfortunate for people like us who love being able to physically browse all sorts quirky and hard to find electronic components, but in a changing world what are you going to do I guess.

    This would make an excellent Ask Slashdot post I would imagine, to get a list going of all these out of the way shops as I'm sure there's a lot of slashdotters with favorite places they know about.

    The closest to a national presence would probably be Fry's which has a pretty decent range of stuff if you live in a state where they operate (mostly west coast from what I understand).