Seeking Alpha

rs observer » Comments » Single Comment |

  • Is Radio Shack Poised for Another Double? [View article]
    It is so refreshing to see someone who not only can see through the short-term "success" Julian Day is enjoying, but also recognizes the dismal future RadioShack faces because of it.

    You speak from experience rather than idol worship as I read so often on blogs giving Julian Day such glowing reviews for cost cutting measures which result in the rise of the stock prices.

    Does Julian Day or anyone else in seats of power within RadioShack care about the consequences of some of the cost-cutting measures?

    The store managers are so overworked and underpaid that they are now leaving RadioShack in droves, leaving less experienced managers in training to take over stores that they are not yet ready to run. Some stores do not even have managers because there are not enough qualified people available to take the position.

    The inability to pay competitive wages eliminates the ability to keep the proper staffing that is necessary to maintain, yet alone grow the business. Why work at RadioShack when even serving fast food pays more? I know someone who works in a small coffee shop and makes more serving coffee than a successful RadioShack sales associate.

    How can you give your customers the type of service they deserve, if you cannot pay competitive wages and staff the stores with knowledgable employees?

    Julian Day's main goal is obvious. Raise the stock prices no matter the consequences. Stock prices are all that really matter to him...he's just putting in time until he can cash out.

    He hates flying commercial airlines, so RadioShack pays for his private jet. I know of several store managers who have not had a day off in close to a month, are struggling to pay even the most elemental of human needs such as a mortgage, car repairs, health costs. They are struggling to live simply while their employer is flying around in a company jet.

    Julian Day has taken a course that is destroying the morale of even the most loyal dedicated long-time RadioShack employee. He is so lost within his own little world of excess that he doesn't even give the people who are the face of RadioShack the slightest thought.

    When someone walks into a RadioShack, they don't see Julian Day. They see the overworked, underpaid managers and sales staff...even the most dedicated has most likely reached the point of exhaustion or exasperation with the poor treatment and sub-standard pay they are receiving from their employer.

    What a great face to put on a brand name that has been around for so many years. Good job Mr. Day.
    Oct 24 17:00 pm |Rating: 0 0
All Comments by rs observer »
Comments by Ticker
rs observer's
Comments Stats
1 comment
Rating: 0 (0 - 0 )