RadioShack Losing 400 Sam's Club-Based Kiosks
Jan 10, 2011, 5:14 PM by Eric M. Zeman
RadioShack has indicated via an SEC filing that the contract it has with Wal-Mart-owned Sam's Club to run some 400 kiosks selling wireless goods and services is set to expire soon. Rather than extend the contract, Wal-Mart is taking over the operation of the wireless kiosks within Sam's Club stores by June 30, which will reduce RadioShack's retail footprint. To make up for the loss, RadioShack is boosting its relationship with Target, where it will add kiosks. Even so, RadioShack warned that it will see a $10 to $15 million drop in its kiosk business profit for 2011 due to the kiosk loss.
Jan 14, 2021
Samsung today officially unveiled its Galaxy S21 series of flagship phones for 2021. All three models sport a distinctive new "Contour Cut Camera" design where the metal frame extends around one corner to surround the rear cameras.
Mar 23, 2021
OnePlus today announced the OnePlus 9 and OnePlus 9 Pro, its newest flagship phones. The 9 Pro is a true flagship-class phone with a QHD AMOLED display with variable refresh from 1 to 120 Hz, and IP68 water rating, starting at $969.
Feb 9, 2022
Samsung today announced its lineup of flagship phones for 2022: the Galaxy S22 series. The top-end S22 Ultra sees the biggest changes as it essentially absorbs Samsung's Note series with an integrated S Pen stylus and a more Note-like shape and design, instead of the Contour Cut design of the other models.
Sep 7, 2022
Apple has revealed the iPhone 14 series, with new features, improved specs, and new size options. In place of a Mini option, the iPhone 14 will come in the same 6.1-inch and 6.7-inch screen size options as the Pro models.
Jan 5, 2023
Qualcomm has revealed Snapdragon Satellite , the company's solution for connecting Android phones directly to satellites for truly global coverage. The feature uses the Iridium network, a satellite constellation that has has been in operation for 25 years.
i started selling phones in a sams club kiosk 6-7 years ago, and they were talking about this happening then. hopefully this will be the beginning of the end for RS.
Right. 'Cause then thousands ...
It's a pity
RadioShack Corporation (NYSE:RSH) ranks 1st among Electronic Stores Companies by Return on Equity
RadioShack Corporation (NYSE:RSH) reported the gain of 0.77% and closed at $18.36 whereas overall traded volume stood at 1.55 million shares for the day. The company stands in profit with the profit margin of 5.08%
walmart employee hand u the phone and tells u good luck
Remember when there used to be TV sal...
really not seeing the benefit either
they will definitely lose money on the wireless...
Such bad Blood between Carrier stores & SCK
I feel sympathetic to the employees who may not have a job after Sams takes over the sck spaces. I've had my ups and downs with the Shack, and though I haven't agreed with every decision RS has made over the years, there will always be a special place in my heart. I wouldn't be where I am today if not for the great opportunity I had with the Shack.
I invite any SCK employees who are looking at their options t...