RadioShack and Target Break Up
RadioShack today announced that it has disolved its business relationship with Target. RadioShack has helped Target manage its post-paid mobile business in more than 1,500 stores for years. The two companies have been renegotiating their contract since October 2012, but have been unable to agree to new terms that both firms find satisfactory. The split, which RadioShack calls "amicable," will take place April 8, 2013. This only affects Target's post-paid business, and not its prepaid and mobile accessory businesses.
RadioShack Expands Fix-It-Here Program
RadioShack today said its has increased the footprint of its Fix It Here service to 26 stores in and around Chicago. Consumers with broken or damaged smartphones and tablets can take their device to RadioShack, where select problems can be repaired.
Judge Approves Sale of RadioShack Stores
A U.S. judge has given RadioShack permission to sell its 1,740 stores to Standard General, a hedge fund that plans to operate the stores with Sprint.
RadioShack Declares Bankruptcy, to Sell Stores to Sprint
RadioShack today filed for Chapter 11 bankruptcy protection and signed an agreement to sell approximately 1,750 of its stores to Sprint. Under the terms of RadioShack's Chapter 11 filing, RadioShack will sell the stores to Sprint and General Wireless, a subsidiary of one of RadioShack's major investors.
RadioShack May Gain Second Life Thanks to Shareholders
A major RadioShack shareholder plans to invest more cash in the business in order to improve its liquidity. RadioShack is facing a cash crisis.
Sprint May Scoop Up Half of RadioShack's Stores
RadioShack and its creditors might sell half the company's stores to Sprint and close the remaining locations, reports Bloomberg. Sources familiar with the companies' plans suggest Sprint would rebrand the RadioShack stores, which would cease to exist as stand-alone electronics stores.
So long Radioshack.
Target Mobile isnt goin anywhere tho!