RadioShack May Shut Down, Sell Stores To Sprint
RadioShack may sell half its stores to Sprint and close down the rest, as the company prepares for bankruptcy.By Mikah Sargent | February 3, 2015
According to a report from Bloomberg, consumer electronics retailer RadioShack is preparing to close its doors for good.
The report says RadioShack is in talks with Sprint, negotiating a deal to sell half its more than 4,000 stores to the telecommunications company and shut down the rest.
News of a potential shut down doesn’t come as much a surprise, as it’s been a rough year for the company.