RadioShack Files For Bankruptcy, Yields To Online Rivals
RadioShack has officially filed for bankruptcy after struggling against online retailers for years.By Ben Lawson | February 5, 2015
RadioShack announced it would file for bankruptcy Thursday, after nearly a century of supplying America's technological needs.
RadioShack was once the go-to store for anything electronics related. But the rise of e-commerce websites like Amazon made much-needed or hard-to-find tech much more accessible.
One business analyst laid out the state of the company pretty bluntly to USA Today, "This is the end. There's nothing to say. It's history. It's a dinosaur. It's a has-been."