Sprint Takes Control of 100 Stores from Dixons Carphone
Sprint today said it will acquire 100 retail stores that it has operated in partnership with Dixons Carphone since last year. The two companies created a joint venture in February 2016 that relied on retail know-how from Dixons Carphone to sell Sprint goods and services. The joint venture saw the two firms open some 500 stores around the country, all of which were funded evenly between the two corporations. Now, Sprint is effectively buying out Dixons Carphone's stake in 100 of those stores in order to take full ownership. Sprint says the transaction will not change or impact the individual stores' operations. Sprint and Dixons Carphone will continue to operate the other 400 stores covered by the joint venture together. Sprint has spent the last two years bulking up its retail presence.
Sprint Expands Retail Deal with Dixons Carphone to 500 Stores
Sprint today announced a joint venture between it and Dixons Carphone to open 500 Sprint stores around the U.S. The joint venture follows a pilot program the two companies launched last year that saw them test Dixons' best practices in some 20 Sprint stores.
Sprint to Test New Stores with Dixons Carphone
Sprint today announced a new partnership with Europe's Dixons Carphone that will see the companies test 20 new retail stores in various markets around the U.S. Dixons Carphone is a renowned electronics retailer.
Sprint to Open 1,435 RadioShack Stores April 10
Sprint said it will re-open 1,435 RadioShack stores tomorrow that it acquired from General Wireless. The move will double the number of company-owned stores and give Sprint a much wider retail footprint around the country.
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.
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