Interestingly enough net income increased $93 million last year to 205 million, and they have almost 1 billion banked. Basically they are trying to get a leveraged buyout by Best Buy.
The reason for the streamlining is that they hired Julian Day in 2005, who is known for helping companies recover, and was responsible for saving K-mart. He wasted little time in cutting back stores, cutting costs, laying off employees and changing the product mix.
Now I will stop boring everyone with financial crap
