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30, its long-term prospects aren't going to improve anytime soon.My Space Yes, My Space, once the dominant social network, still exists.Sometimes, though, down-and-out businesses stay that way, or manage to fall even further.The five companies below have struggled for years to turn around their operations and, for whatever reason, have failed to get themselves back on the right track.Radio Shack is in such poor shape that it's unlikely that a buyer would rescue it, at least before it shutters poorly performing stores.Though the company had 3 million in cash as of Sept.

Though Wall Street analysts have welcomed these efforts, many think it's too little, too late.As he continues to lose control over Sears, pressure will mount on Lampert to either take the venerable retailer private or sell it to someone else. The company has seen its market capitalization shrink by 98 percent.Radio Shack Ever since he became CEO earlier this year, Joe Magnacca has vowed to "transform" the business. Radio Shack has been struggling to keep pace with technology and stave off fiscal oblivion for years. It now has a value of 0.4 million, which is tiny for a national retail chain.He could also play "find the white knight," but that's a dangerous game, too. Penney may have overshadowed those at Sears, but sales have fallen at the Hoffman Estates, Ill., company for 27 straight quarters.Sears Holdings When billionaire Edward Lampert engineered the merger of Sears and Kmart in 2004, one analyst described it as a "dream deal." The reality has been more of a nightmare for long-term shareholders. During the first three quarters of 2013, the once-venerable retailer lost

Though Wall Street analysts have welcomed these efforts, many think it's too little, too late.

As he continues to lose control over Sears, pressure will mount on Lampert to either take the venerable retailer private or sell it to someone else. The company has seen its market capitalization shrink by 98 percent.

Radio Shack Ever since he became CEO earlier this year, Joe Magnacca has vowed to "transform" the business. Radio Shack has been struggling to keep pace with technology and stave off fiscal oblivion for years. It now has a value of $270.4 million, which is tiny for a national retail chain.

He could also play "find the white knight," but that's a dangerous game, too. Penney may have overshadowed those at Sears, but sales have fallen at the Hoffman Estates, Ill., company for 27 straight quarters.

Sears Holdings When billionaire Edward Lampert engineered the merger of Sears and Kmart in 2004, one analyst described it as a "dream deal." The reality has been more of a nightmare for long-term shareholders. During the first three quarters of 2013, the once-venerable retailer lost $1 billion.

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Though Wall Street analysts have welcomed these efforts, many think it's too little, too late.As he continues to lose control over Sears, pressure will mount on Lampert to either take the venerable retailer private or sell it to someone else. The company has seen its market capitalization shrink by 98 percent.Radio Shack Ever since he became CEO earlier this year, Joe Magnacca has vowed to "transform" the business. Radio Shack has been struggling to keep pace with technology and stave off fiscal oblivion for years. It now has a value of $270.4 million, which is tiny for a national retail chain.He could also play "find the white knight," but that's a dangerous game, too. Penney may have overshadowed those at Sears, but sales have fallen at the Hoffman Estates, Ill., company for 27 straight quarters.Sears Holdings When billionaire Edward Lampert engineered the merger of Sears and Kmart in 2004, one analyst described it as a "dream deal." The reality has been more of a nightmare for long-term shareholders. During the first three quarters of 2013, the once-venerable retailer lost $1 billion.

billion.

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