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Big box busts: RadioShack (RSH -3%), hhgregg (HGG -1.7%), and Conn's (CONN -1%) trades lower...
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Tuesday, November 20, 2012, 12:58 PM ETBig box busts: RadioShack (RSH -3%), hhgregg (HGG -1.7%), and Conn's (CONN -1%) trades lower after Best Buy sets the bar even lower in the sector with broad sales declines and decreasing margins pressuring cash flow. The firms have put in a spirited effort to turn things around with mobile initiatives and an increased focus on online channels, but the math is working against them with square footage costs a heavy load to bear.
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