We have yet to hear a thing from the company. There are news reports swirling that RadioShack will file bankruptcy, that Sprint is taking over the leases on half the stores, that the company is being de-listed from the New York Stock Exchange. One Friday in early December, they fire half the district managers.
The company itself doesn't tell us much, and when they do it's in business speak: "We are right-sizing our operation and have already made many changes that have resulted in savings." Weeks of waiting are punctuated by the occasional sudden decision. The last few months we've been waiting for the axe to fall. What have the last couple months been like for you and the people around you? What's the general state of morale? Within, Mike and I talk about RadioShack, its end, and how it got here. His store has very few batteries, but hundreds of t-shirts to sell. His severance pay was originally slashed, and eventually denied altogether. Over the last couple weeks, I've been emailing back and forth with a RadioShack store manager, who we'll call "Mike." Mike's store has clearance signage everywhere, and is on the verge of shuttering for good. Stock is being wildly re-distributed, furniture and fixtures are being sold off, and employees are losing their jobs. In the wake of RadioShack's recent bankruptcy filing, the retail giant has moved to close or re-brand all of its store locations. It was inspired by a photo originally tweeted out by earlier this month.
#Radioshark southampton store hours full
First, I wish I could take full credit for that art up top.
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