America Is Great - Unemployment Is Down While Radio Shack Closes 1,784 Store Locations
The United States is doing so great that Radio Shack has announced for California alone a list of 175 store locations that will be closing March 31, 2015. Mind you, that is just California. The actual total stores that the chain will be closing is 1,784.
It is so great that it will literally impact stores in almost every state. Chris Isidore and Greg Wallace from KCRA 3 report that Radio Shack is "over saturated in many markets." Well, I don't know about that because the retail chain has actually been dwindling over time as the choice store for electronics. The public is looking to places such as Best Buy for their purchases.
Let's not forget how great it will be that Radio Shack will putting an undisclosed amount of employees out of work in March. How fun will that be? "Let's go file bankruptcy," they said. That they did and at the time they had 21,000 employees on hourly wages. Oh boy, wait until those employees have to go tell their children that mommy/daddy no longer have a job and will be able to spend a lot of time with them. That will be a blast for the children.