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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.
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HomeGoods to open new store in Kohls Plaza
New Milford, Conn. -- Westport, Conn.-based Charter Realty & Development Corp. said it has arranged a lease for 28,000 sq. ft. for a HomeGoods store in the Kohls Plaza, located in New Milford, Conn.
HomeGoods will be a part of Litchfield Crossings, which is a new, 282,000-sq.-ft. development that is being built by Scalzo Realty.