It inspired a piece on old Malibu restaurants—including the local temple of tacky Tiki, the Tonga Lei—that I wrote for a recent issue of the Malibu Surfside News. The easy-going, eclectic restaurant replaced the more formal Malibu Beach Sports Club Restaurant, and endured for nearly 25 years. This menu is from around Good luck finding hollandaise sauce on a menu in Malibu in
I can find things at other places.
Everybody knew that RadioShack was struggling, that was no surprise. But the magnitude of the losses was shocking, quite frankly. I do not think that RadioShack has added the liquidity to make it through In its glory days, RadioShack was always there for people who liked to make things, hobbyists who build ham radios, or if your computer needed a new battery or adapter.
They used to have this convenience advantage. There was a RadioShack within a five-minute drive with a vast majority of the U.
At least one shopper has a couple of ideas. I think that RadioShack could expand in terms of its services and showing people how to use their devices more intelligently.
I think they can show them how to build their web pages and do things like that. Michael Pachter joins us now to discuss his bankruptcy call on RadioShack. Good to see you again, Michael. Hey, Tyler, thanks for having me. You know, I like RadioShack.
Do you think this store can make it even into the Christmas holiday season this year given its liquidity position? So, money is coming in somehow. My call is that money is going to come from a very savvy creditor who is going to insist on becoming senior to all existing creditors.
And that is easiest if they force a bankruptcy, wipe out the equity holder, allow the company to renegotiate existing leases. That will put the company in better financial health if they declare bankruptcy first.
You have to wonder why anyone would want to put good money after bad.
But absent that, is it possible? Will somebody else buy it? Would pick it up at some retailer? BBY was making a big push into, you know, stand-alone mobile stores and RadioShack has about the right size and about the retail footprint for that. And nobody is really looking for small sized stores.
T third party carrier retailer. BBY and really the disruption of this particular space. But what might be ideal for them in terms of a share store count if in fact somebody comes in and does take them on and try and operate them.
They probably would thrive with about half as many stores. So 2, to 3, stores would probably make sense. I think they need to carry a broader array of products. I think they need some capital to bring people back in the store.
So, their problem is not really what they offer in the store. Their problem is driving traffic there.
Michael, in just a few words — I mean, what is the RadioShack lesson here? That you have to be a big serious player on the Internet, online? Well, the lesson is that convenience is the Internet.why two big banks are being targeted by the new york state attorney general for not doing enough to help troubled borrowers.
>> a berkshire bear. did the lone short seller at weekend shareholder meeting convince any of the loyalists to dump the stocks? all that and more tonight on "nightly business report" for monday may 6th. Go to timberdesignmag.com for breaking news, videos, and the latest top stories in world news, business, politics, health and pop culture.
jake • on Sep 29, am This seems like non news since they don’t compete in the same time slot. why not just report what’s brian’s ratings are — seems like a very weird story angle.
“While on Nightly News on Friday, January 30, , Brian misrepresented events which occurred while he was covering the Iraq War in In the aftermath of that report, CBS set up an. Go to timberdesignmag.com for breaking news, videos, and the latest top stories in world news, business, politics, health and pop culture.
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