Strong categories included flat-panel TVs, laptop computers, and digital converter boxes.
"Our financial results for the fourth quarter obviously reflect the recessionary retail trading environment we face," the company's chairman and CEO, Julian Day, said as part of the announcement. "That said, we take comfort that we operated our business prudently in the fourth quarter, particularly in the areas of cost control and minimizing our inventory markdown exposure."
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Now that Circuit City has priced themselves out of business maybe RS will not be so inclined to compete with wal -mart on price. Why give the junk away ... only the chinese make out with price competition.
rs - good company however, if they want to stay afloat is this turbulant economic time they SHOULD take a closer look at the PP for the ADs. Good economic strategy.
rs needs to get ride of day,
go back and look it over for the small dealers because that is where they make money.