Wednesday, February 18, 2015

End of the Line for RadioShack?



RadioShack has filed for Chapter 11 bankruptcy protection, which allows it to continue operating while reorganizing and working out arrangements with creditors. The chain also announced plans to close over 1700 stores, and to sell many others to cellphone carrier Sprint. 

There had been no indication at press time as to whether the stores that remain open will continue to operate under the RadioShack name or whether they will continue to sell electronic components and other items of interest to do-it-yourselfers, including hams.