RadioShack declares bankruptcy (Video)
Posted by: Timothy Tibbetts on 02/06/2015 09:34 AM
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Nearly a century after it opened its first store and sent out its first catalog, RadioShack declared bankruptcy on Thursday.
It has struck a deal to sell up to 2,400 of its approximately 4,000 stores and wireless company Sprint (S) will create a "store within a store" in up to 1,750 of those.
RadioShack said that its remaining stores are expected to close.
It has struck a deal to sell up to 2,400 of its approximately 4,000 stores and wireless company Sprint (S) will create a "store within a store" in up to 1,750 of those.
RadioShack said that its remaining stores are expected to close.
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