Special Report: The FBI sting that tore apart a small town


Richard Schulze
RadioShack CEO James Gooch steps down
RadioShack CEO James Gooch steps down

Electronics retailers can’t seem to hold on to their head honchos these days, as RadioShack Corp. said its chief executive, James F. Gooch, was stepping down. Gooch’s departure is effective immediately and the company’s board is already bringing in an executive search firm to find his replacement. Previously RadioShack’s chief financial officer, Gooch was chief executive for less than a year and a half. The strip mall staple’s stock has tanked more than 80% since. While announcing the retailer’s second-quarter earnings in July, Gooch said in a statement that “overall, our business performed below expectations.” The company suffered a net loss...