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February 3, 2015

More Change On 24th St: RadioShack To Close?


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.

[Photo: Google]
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12 comments:

  1. nails doverspikeFebruary 3, 2015 at 12:13 PM

    There are also rumors that Sprint will take over some of Radio Shack's locations......Noe Valley?

    ReplyDelete
  2. Todd DavidFebruary 3, 2015 at 12:56 PM

    I heard Woolworth's was moving in.

    ReplyDelete
  3. NailsFebruary 3, 2015 at 2:56 PM

    Before Radio Shack it was a five and dime

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  4. AnonymousFebruary 3, 2015 at 11:52 PM

    The Radio Shack on West Portal has already closed.

    ReplyDelete
  5. AnonymousFebruary 4, 2015 at 3:37 PM

    Oh, pretty please, not a Sprint store.

    ReplyDelete
  6. AnonymousFebruary 5, 2015 at 11:32 PM

    I always thought this would be a great space for a Title Company or Nail Salon...we could do with more of those. Maybe a divorcee's vanity project..?

    24th Street shopping - what a joke. You people need to get over yourselves, and out more.

    ReplyDelete
  7. AnonymousFebruary 9, 2015 at 9:40 PM

    Our radio shack isn't on the list for immediately closing.

    ReplyDelete
  8. AnonymousFebruary 9, 2015 at 10:01 PM

    I was told that the 24th street store is one of the few locations that are NOT closing. Please confirm with mgmt there.

    ReplyDelete
  9. nailsFebruary 10, 2015 at 10:54 AM

    i like the google ad below this thread----"Our next big Bankruptcy" way to monetize guys...

    ReplyDelete
  10. nails--againFebruary 10, 2015 at 12:23 PM

    i dunno, but 24th Street is on this list. https://www.google.com/maps/search/radio+shack+san+francisco+closed+locations/@37.7749295,-122.4194155,14z/data=!3m1!4b1

    ReplyDelete
  11. AnonymousFebruary 10, 2015 at 2:30 PM

    http://qz.com/340292/here-are-all-the-stores-radioshack-is-closing/

    ReplyDelete
  12. AnonymousFebruary 12, 2015 at 4:50 PM

    That RadioShack in the picture is the wrong one, I'm pretty sure. RadioShack just spent a lot of money to rebuild the one in Noe Valley and it's not on the list of stores to close (see the Quartz link above).

    ReplyDelete

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