AT&T this week announced that it will soon open a new, 10,000-square-foot flagship store on Chicago's Michigan Avenue.
RadioShack Suffers Gains and Losses In the end, the summer was no vacation for RadioShack, while the company appoints James Gooch as executive vice president and chief financial officer, an executive who’s experience includes management roles in such corporations as Kmart, Sears Holdings, Helene Curtis and The Quaker Oats Company, the company loses COO Claire Babrowski when she announces her departure. Babrowski stepped up to temporarily act as president and CEO, after Dave Edmondson resigned following a controversy over false credentials on his education background months earlier. And later in the month, RadioShack divulges plans to reduce its workforce by anywhere from 400 to
Garmin International Inc. announced plans Monday to open a retail store on Chicago’s “Magnificent Mile” on Michigan Avenue, home to 3.3 million square feet of retail space. The store, which should be open in time for the 2006 holiday season, will showcase Garmin GPS navigation tools and give customers access to product demonstrations, interactive kiosks, training, seminars and product support. The Garmin retail network will also use this space for meetings and training. Dr. Min Kao, Garmin’s chairman and CEO, explains, “We want to use this location as a destination to excite and energize our customers, generate buzz, and further propel