This tidbit from Bloomberg yesterday:
RadioShack Corp. is preparing to shut down the almost-century-old retail chain in a bankruptcy deal that would sell about half its store leases to Sprint Corp. and close the rest, according to people with knowledge of the discussions.Check out the video, it's pretty harsh: "Honestly I'm still surprised that this store still exists." The plans for bankruptcy are so far off the record, and the article speculates the chain could be bought and saved or that it could be the end of the RadioShack name. Today Bloomberg reported another twist:
Amazon.com Inc., aiming to bolster its brick-and-mortar operations, has discussed acquiring some RadioShack Corp. locations after the electronics chain files for bankruptcy, two people with knowledge of the matter said.Whatever happens, it looks like the RadioShack on 24th St is closing.