The Canadian PressJuly 17, 2013 18:02
NEW YORK, N.Y. - RadioShack's new CEO Joe Magnacca has big plans to enhance the company's image. But is it too little too late?
Magnacca, who stepped in in February, has been working to revamp stores and refresh RadioShack's image as the chain struggles to fend off competition from the likes of Amazon.com and eBay.com, reverse slumping sales and strengthen its balance sheet. To do that, Magnacca said the company is transforming about 220 of the company's 4,400 locations into brighter, airier concept stores.