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| A New Jersey RadioShack gets outfitted with new Sprint logos, showing the new partnership between General Wireless and Sprint. |
Electronics
hobbyists may still be able to buy components and similar products at remaining
RadioShack stores. The company filed for Chapter 11 bankruptcy protection
earlier this year and has closed or is closing more than 2200 stores
nationwide. However, 1743 of its locations have been purchased by General
Wireless, Inc., which will continue to operate them under the RadioShack name
(just over 1400 of those stores will be co-leased by Sprint and will be renamed
as Sprint-RadioShack). In a news release announcing the purchase, General
Wireless hinted that hobbyists - long a major part of RadioShack's customer
base - will not be forgotten. "The stores will feature emerging technologies,"
the statement said, "that enhance the traditional accessories, DIY
electronics and innovation for which the company is known." (See this
month's "Kit-Building" column for the opportunities presented by
going-out-of-business sales at those RadioShack stores slated for closing.)
