ARLA/CLUSTER: Americana RadioShack pode vir a encerrar 1100 lojas

[João Costa > CT1FBF]

RadioShack to close up to 1,100 stores

RadioShack said Tuesday that it would close up to 1,100 poorly
performing stores amid widening losses, or roughly 20% of its
locations, as part of an effort to remake itself for a more
competitive era of electronic retailing.

The store closings will leave about 4,000 locations in the U.S.
The company has been trying to revamp its stores for the past year.

Yet some analysts say the retailer faces an uphill climb as it
struggles to compete against larger big-box stores such as Best Buy.

RadioShack stock (RSH) was down about 15% to $2.31 in afternoon trading

Read the full story:
http://www.usatoday.com/story/money/markets/2014/03/04/
radio-shack-to-close-stores/6007317/

Our thanks to Stephen G7VFY for spotting this item