Radioshack Declares Bankruptcy

Posted by samzenpus on Thursday February 5, 2015 @11:31AM 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."

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Re:So who's going to buy them? by MSJos · 2015-02-05 11:56 · Score: 0, Offtopic

Small businesses flourished under Bush is your position? Seriously? Republicans only care about the 1%, nothing else. If you believe otherwise, you are seriously deluded. But that is what they want, so you will vote for them and support them, so they can pillage the country and squeeze some more money out of the vanishing middle class.