Radio Shack wants to “reinvigorate” its retail experience.
It has issued a three-year growth plan that projects sales growth of 4 to 6% per year, and earnings per share growth of 19 to 21%.
The plan calls for a faster rollout of a new store format; international geographic expansion in North America; third-party retailing; and a new retailing services business to provide services for other companies “such as kiosk operations, wireless repair and global sourcing.”
The new store environment emphasizes the company’s seven top categories: wireless, accessories, power, modern home, personal electronics, technical and services.
The company, based in Texas, has about 7,000 outlets.
Growth Plans at ‘The Shack’
Growth Plans at 'The Shack'
