NEW YORK — RadioShack said Tuesday that its second-quarter loss widened as the struggling electronics retailer works to revamp its stores and product assortment ahead of the crucial holiday season.
Although the loss was bigger than analysts expected, revenue beat expectations and the company said it was bringing on consultants to help improve results.
Meanwhile, the company said its chief financial officer, Dorvin Lively, left to take a chief financial officer role at fitness chain Planet Fitness. AlixPartners managing director Holly F. Etlin will serve as interim CFO.
Read tomorrow's Arkansas Democrat-Gazette for full details.