RadioShack said Monday its chairman and CEO Julian Day is leaving and announced disappointing fourth-quarter guidance. Day, 57, will retire as chairman, CEO and a director as of its annual shareholder meeting on May 16.
Retailers must frequently discern between trends and fads in their daily business decisions. Trends are long-term changes in behavior, where fads are short-lived and fleeting in their impact. Both require an investment of time and money to make the most of, but how much of each depends on the likely return.