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Radioshack Declares Bankruptcy

Posted by samzenpus on from the end-of-the-line dept.

gemtech writes RadioShack has declared bankruptcy today. As reported Monday, the company has struck a deal to sell up to 2,400 of its approximately 4,000 stores to Sprint. From the article: "RadioShack said the remaining stores are expected to close. The company's franchise locations, as well as stores in Mexico and Asia, are not included in the deal. The bankruptcy announcement is no surprise. The New York Stock Exchange suspended trading of its shares on Monday. And RadioShack workers have told CNNMoney that some locations have already been converted to clearance stores."

6 of 294 comments (clear)

  1. they probably still want your name, address, and p by Anonymous Coward · · Score: 5, Funny

    they probably still want your name, address, and phone number in the clearance store

  2. Re:The Canadian arm of the business is stil operat by sjames · · Score: 4, Funny

    A management team capable of eating a salad without stabbing themselves in the eye?

  3. Re:The Canadian arm of the business is stil operat by Anonymous Coward · · Score: 2, Funny

    Hey, A one eyed manager in a kingdom of blind managers is CEO.

  4. Re:So who's going to buy them? by Anonymous Coward · · Score: 2, Funny

    and democrats only care about their bureaucratic fiefdoms. the two together create the hell we have.

  5. Re:consumerism wins! by Megane · · Score: 5, Funny

    So where will I go now to get blank stares?

    --
    #naabhaprzrag, #sverubfr-000, #agi-fcbafberq, negvpyr[pynff*=' negvpyr-ary-'] { qvfcynl: abar !vzcbegnag; }
  6. Re:Yup by anchovy_chekov · · Score: 3, Funny

    No-one cares AC. Your pointless troll will disappear like mist on the side of a mountain. But sootman will still have his bargain T-Shirts and LEDs.