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RadioShack In Talks To Sell Half Its Stores To Sprint, Shutter The Rest

FYI: RadioShack Corp. is preparing to shut down the almost-century-old retail chain in a bankruptcy deal that would sell about half its store leases to Sprint Corp. and close the rest, according to people with knowledge of the discussions.
Regards,
Ted
http://www.bloomberg.com/news/articles/2015-02-02/radioshack-is-said-to-discuss-liquidation-as-part-of-sprint-deal

Comments

  • The user and all related content has been deleted.
  • I wonder about the decision by Sprint to open more stores. Are they really that successful in that part of their business? They seem to be the perennial third place provider behind ATT and Verizon with no visibility ahead.
  • Or maybe it's Amazon?

    "After facing enduring criticism that Amazon wrecked the traditional brick-and-mortar retail model, the Internet retail giant may be interested in creating its own version of it.

    Amazon.com Inc. is reportedly in talks with RadioShack, based in Fort Worth, Texas, to acquire some of the beleaguered retailer's store locations, but that could be a risky endeavor, analysts say.

    Amazon is considering using an unspecified number of RadioShack stores to showcase some of the company's hardware and as a potential pick-up and drop-off center for online customers, Bloomberg reported, citing two unnamed people familiar with the matter. "

    ABC News/Business
  • I was hoping it was be Amazon!

    Or maybe even BestBuy.

    c
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