Report: RadioShack to close about 500 stores, U.S.
ChainStoreAge.com - Feb 5th 2014, 07:56
New York -- RadioShack Corp. will close about 500 stores within months as part of its ongoing restructuring, the Wall Street Journal has reported.The retailer, which is due to report results for the fourth quarter later this month, has about 4,500 locations.
The chain has been working to turn itself around since former Walgreens executive Joseph Magnacca became CEO in February 2013. His efforts have included rebuilding the company’s executive team, launching a new store prototype designed to appeal to tech-savvy customers and introducing a new marketing strategy.
RadioShack has been working with bankers from Peter J Solomon Co to boost its liquidity and with AlixPartners on its operational turnaround, the Journal said.
Temporary employment services offer a dynamic staffing solution to help the retail sector cater for the seasonal peak
10/10/2019 - 14:56
As we head into the final stretch of the year it is time to start gearing up for the added demands of the summer season. From factories and warehouses to retail outlets, the entire retail chain is under added pressure during this seasonal time of high demand. Temporary employment services (TES) can help all areas of the retail sector to cater to this peak with additional and flexi staff exactly when and where they are needed, with the right skills for the job, and none of the administrative headache of hiring permanent or contract staff.
How to attract and retain the best employees
24/09/2019 - 12:54
Finding the right employee can be a time-consuming process – especially when you’re looking to hire the best candidate for the job. But there are simple steps one can take to find employees who are best suited for your culture and the future success of your business.
Rooibos tea deal changes rural community's fortunes
24/09/2019 - 10:47
A small rural community is set to supply the Spar Group with South Africa's legendary rooibos tea.
Clover's R4.7bn deal gets Competition Commission nod
22/07/2019 - 10:12
The Competition Commission has approved, with conditions, the R4.8bn sale of branded foods and beverages group Clover Industries to a consortium led by Tel Aviv-based Central Bottling Company, Clover said on Friday.
Pick n Pay focuses on 15,000 jobs and 4 new initiatives
31/07/2018 - 08:32
While South Africa is not over the worst yet, the country is heading in a distinctly more optimistic direction, says Pick n Pay chairman Gareth Ackerman, speaking at the company’s AGM on Monday (30 July).