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Report: RadioShack to close about 500 stores
New York -- RadioShack Corp. will close about 500 stores within months as part of its ongoing restructuring, the Wall Street Journal reported on Tuesday. The retailer, which is due to report results for the fourth quarter later this month, has about 4,500 locations.
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The Wet Seal board member Mindy C. Meads exits
The Wet Seal board member Mindy C. Meads has resigned her spot to focus on her new role as CEO of Calypso St. Barth.
“Mindy has been a valued member of the board of directors and we wish her well in her future endeavors with Calypso St. Barth. Mindy’s leadership as chair of the Nominating and Corporate Governance Committee and her general contributions to the board were a value to the company and its shareholders,” said Lynda Davey, non-executive chairperson.
