You can be on Entrepreneur’s cover!

Financial News--RadioShack, Snap-on <b></b>

entrepreneur daily

Fort Worth, Texas--An emphasis on hot new exclusive products, rollout of a test prototype to more stores and the expansion of accessories in core basics are part of RadioShack's game plan to get sales and profits back on track after a disappointing fiscal 2002. Sales dropped to $4.58 billion for the year ended December 31, a 4.2 percent decrease. The company blames its poor performance on a $250 million decline in sales of direct-to-home satellite systems and a $125 million drop in sales of desktop computers. -DSNRetailingToday

Kenosha, Wisconsin--Snap-on Inc. is expecting a 5 to 10 percent increase in earnings for the full year instead of the 10 to 15 percent previously expected. Sales for tools for industrial and commercial applications declined in both Europe and North America, reflecting the weak economy. A corporate restructuring to lower Snap-on's cost structure is ongoing. -The Business Journal of Milwaukee

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Editor's Pick

Side Hustle

I Started a Semi-Passive Side Hustle That Earns $33,000 a Week on Amazon: 'Selling There Is a No-Brainer'

Dr. Jenny Woo wanted to create a product that would help people connect, and it turned out to be a lucrative one.

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.

Business News

'Wildly Inappropriate': Woman Says She Was Denied a Job Because She Didn't Wear Makeup During the Interview

Melissa Weaver was applying for a VP of HR job at a tech company via video.

Fundraising

Avoid These 9 Pitch Deck Mistakes When Asking Others For Money

Crafting an efficient pitch deck requires serious effort, but at least it's not wandering in the dark since certain rules are shaped by decades of relationships between startups and investors.