June 4, 2017

Radio Shack closes 1000 stores

NBC =- It's been a tough week for the retail industry, with more than 1,000 stores closing their doors for good. Luxury retailer Michael Kors announced it would be closing over 100 locations, and electronics giant Radio Shack closed 1,000 locations across America. The retail industry, which represents $5 trillion in economic impact, has changed significantly over the past several years. More than 100,000 retail workers have lost their jobs since October 2016.

1 comment:

Anonymous said...

Radio Shack committed suicide years ago when they more or less abandoned their core business in electronic components.