Dive Summary:

• Industry shifts and a lack of clear leadership caused by a vacant CEO seat has landed popular American retail store RadioShack struggling for survival, according to a report released by Forbes.
• Lacking resources on its balance sheet and sporting an out-dated business model with no confidence from investors, the future of the company is now in jeopardy after more than 90 years on the American retail landscape.
•  Among the other factors listed is a lopsided focus on wireless service which has been largely responsible for yielding declining profit margins. RadioShack has released no information on a turn-around strategy.

From the article:

RadioShack had reserves of $535 million at the end of 2012 but it also needs to make debt repayments of $287 million in 2013 which will reduce its financial flexibility in case it wishes to undertake new initiatives or acquisitions to diversify.