Oh..and CEO of Rat Shack resigned today...so bad example. I wondered for some time if the RS was successful. There are just too many big chains (BB, CC, walmart, etc) taking away their customers.http://news.com.com/RadioShack+CEO+r...l?tag=nefd.top
RadioShack CEO resigns
RadioShack said on Monday that its board accepted the resignation of David Edmondson from his posts of president, chief executive and director.
Edmondson has been under pressure after admitting that he lied on his resume and after the company posted disappointing quarterly results last week.
The consumer electronics retailer said it has named Claire Babrowski, who most recently served as executive vice president and chief operating officer, to the posts of president and acting CEO of RadioShack.
Babrowski will retain the title of COO. The company said it has begun its search for a new CEO.
In a press release the company said the resignation resulted from a series of mutual discussions about what is best for the company and its constituencies.