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RadioShack Near Deal To Sell Half of Its Stores, Close the Rest

Posted by Soulskill on from the get-your-resistors-while-you-can dept.

mrspoonsi sends a Bloomberg report about a possible endgame for RadioShack. The company will reportedly sell half its store leases to Sprint, and the remaining stores will simply close. Negotiations are still underway, and the deal could fall through — but as it stands, the stores still open will likely change to Sprint's branding. Sprint and RadioShack also have discussed co-branding the stores, two of the people said. It’s also possible that another bidder could emerge that would buy RadioShack and keep it operating, the people said. The Chinese backers who took the Brookstone chain out of bankruptcy, Sanpower Group, also have been in discussions about bidding for RadioShack assets, one person familiar with the talks said. ... The discussions represent the endgame for a chain that traces its roots to 1921, when it began as a mail-order retailer for amateur ham-radio operators and maritime communications officers. It expanded into a wider range of electronics over the decades, and by the 1980s was seen as a destination for personal computers, gadgets and components that were hard to find elsewhere.

5 of 242 comments (clear)

  1. Re:Memories by ihtoit · · Score: 3, Funny

    ah yes, way back when apparently you could cram a sentient AI into 400MB and have enough room left for the entire contents of a city library....

    --
    Political debates have me rolling my eyes so much I think I got optical whiplash. I should sue. - Foamy The Squirrel
  2. Was your "offspring" by any chance... by Press2ToContinue · · Score: 1, Funny

    a function of the chubby girl in the back room?

    --
    Sent from my ENIAC
  3. Re:Hard to decide... by jdschulteis · · Score: 4, Funny

    I've had to throw away over half the resisters for being out of spec last time I got them there

    You should have just painted new color codes on them.

  4. Re:It was a sad, slow downfall. by Valgar · · Score: 3, Funny

    Sigh, and I posted without realizing I wasn't logged in. Dementia is coming on fast.

    Used to be the TRS-80 go-to guy in highschool, owned a Tandy 1000HX (It was a giant leap from my TI-99/4A, but the TI still works), that developed random floppy read/write errors, I solved it by gluing pennies to the read head of the drive, eventually it would go south, and I would glue another penny on, then one day, I sheared the head off when I put a disk in, because the spring had suddenly decided to stop holding those pennies up.

  5. Re:Farewell, TRS-80 by Tablizer · · Score: 5, Funny

    You forgot to add in the babe factor

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    Table-ized A.I.