Is it Time for RadioShack to Change Its Name?
What's the first thing you think of when you hear "RadioShack?" If you're like me, words like irrelevant and old come to mind. So is it time for RadioShack to take the nuclear route of changing its name? Well, maybe. Certainly its name is not its only problem. But perhaps consumers just can't get past the outdated name and look any further into what the company is all about. I know I can't. And what was once a thriving business is now struggling to find ways to grow. One Final Attempt I admired RadioShack's attempt at making fun of itself in its SuperBowl ad this year. But that single effort isn't enough. It may be time to start from scratch and build a new brand. Other Examples If history has taught us anything, RadioShack could take a few different paths: It could change its name and thrive. After its involvement in the Enron scandal in 2001, Arthur Andersen changed its name to Accenture and has done very well. Similarly, in 2003, cig...