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Keyword: analogelectronics

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  • Report: RadioShack to close all stores, sell half to Sprint

    02/02/2015 1:46:48 PM PST · by raccoonradio · 149 replies
    KTRS ^ | 2/2/15 | KTRS
    Radio Shack has been selling communication equipment since 1921, but according to Bloomberg, the retail chain will not be celebrating a 100th birthday. As part of a bankruptcy deal, RadioShack Corp. will be shutting down their entire chain of 7,000 tech stores, half of which will be reportedly sold to Sprint. According to the report, RadioShack locations that are sold to Sprint would operate under the wireless carrier’s name, meaning RadioShack would cease to exist as a stand-alone retailer. RadioShack received a rescue financing package from Standard General LP in October, and the hedge fund would serve as the lead...