Potential buyers will be able to bid on RadioShack's assets during bankruptcy, the company said. RadioShack also reached a deal with liquidation firm Hilco to shutter underperforming stores. Sprint would effectively operate a store within a RadioShack store, selling "mobile devices across Sprint`s brand portfolio as well as RadioShack products, services and accessories," Sprint said in a statement. RadioShack, which posted losses in 11 consecutive quarters after failing to transform itself into a destination for mobile phone buyers, said in a statement that the Standard General affiliate, called General Wireless, and Sprint will acquire between 1,500 and 2,400 of its more than 4,000 stores, creating a co-branded retail presence in up to 1,750 of them. bankruptcy protection on Thursday and said it had a deal in place to sell as many as 2,400 stores to Sprint and an affiliate of hedge fund Standard General, its lender and largest shareholder. We are extremely disappointed that we will be unable to provide electronics service and solutions to our loyal current customers, friends, and family.By Nick Brown (Reuters) - Electronics retailer RadioShack Corp filed for U.S. “It’s been a pleasure to serve our community for the past two decades,” said Bresse, “through the highs and lows. Bresse’s personal approach is rare and the closing of this store will be the end of an era. Much of the current Radio Shack business is now being done online. It began by supplying parts to ham radio operators, reaching its peak in the 1990s when it sold more personal computers than any other company. The Radio Shack brand has been in business since 1921, however, it has had many ups and downs. “It’s not a marathon,” said Bresse, “it’s a sprint.” They will keep going until everything is gone or they have to close their doors. “We enjoyed helping kids learn about science, engineering and technology.” “STEM and STEAM are the future for the next generations,” said Bresse. They have also been involved in the community for many years, participating in community events such as Halloween in the Park in Smyrna, and they assisted in Science Olympiad with Smyrna Middle and High School. “Helping our customers succeed has always been very gratifying and it has given us a sense of fulfillment,” said Bresse. They loved having customers come back in once they successfully completed their project or fixed their issue to let them know it worked and how happy they were. Unlike big box stores, Bresse and his staff have always prided themselves on taking the time to figure out what the customer’s problem was and work together to find a solution. We tailored our products to our local customer’s needs when possible.” “We are part of the community,” said Bresse, “and we have always had one-on-one rapport with our customers. This will be a great sale for anyone who uses electronics and wants in-person service with shipping included for free. This is only a sampling of all in-store stock that is now on sale for 20% off.
RADIO SHACK GOING OUT OF BUSINESS PC
His Radio Shack store is now selling consumer electronics such as headphones in-wall speakers Bluetooth soldier equipment Raspberry Pi Arduino components like resistors, capacitors, switches and cables and pc boards, as well as batteries and some store fixtures.
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