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Walmart.com swims the video stream
SANTA CLARA, Calif. — Blockbuster and Netflix may face new competition from Walmart, as the retailer announced that it will launch digital online movie rental and video streaming through its acquired Vudu service.
The retailer is now offering 20,000 titles that can be viewed on almost any device with Internet access, from PCs to televisions to Sony's PlayStation3 and other Blu-Ray disc players.
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Sales down at RadioShack as company reworks wireless offerings
FORT WORTH, Texas — RadioShack reported that total net sales and operating revenues from continuing operations for the 2011 second quarter were $941.9 million, compared with $962.3 million for the 2010 second quarter. According to the company, the decrease in total net sales and operating revenues for the 2011 second quarter was driven by a $76.1 million decrease in sales generated by U.S. company-operated stores.