Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: Red Badger
The company had a deadline of Jan. 15 to come up with $100 million in combined cash and available credit, or its major creditors can pull the plug on the long-term financing it needs to survive. RadioShack only had $63 million available heading into the Christmas shopping season. The struggling electronics retailer has been trying to close 1,100 of its 5,000 stores since March, but it's an expensive undertaking. It only came up with enough cash to close 175 stores through the end of October.

They managed to scrape up enough money to afford Weird Al Yankovic for their Christmas commercials.


5 posted on 01/15/2015 6:35:42 AM PST by Alex Murphy ("the defacto Leader of the FR Calvinist Protestant Brigades")
[ Post Reply | Private Reply | To 1 | View Replies ]


To: Alex Murphy
Not to mention their Super Bowl Ad last year.
12 posted on 01/15/2015 6:42:09 AM PST by Yo-Yo (Is the /sarc tag really necessary?)
[ Post Reply | Private Reply | To 5 | View Replies ]

To: Alex Murphy

I hope the check to Al cleared. :)


41 posted on 01/15/2015 7:16:07 AM PST by fatnotlazy
[ Post Reply | Private Reply | To 5 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson