Today's Hard|Forum Post
Today's Hard|Forum Post

Saturday January 17, 2015

RadioShack in Talks with Sprint to Buy Store Leases

Don’t be too surprised to see a Sprint store taking up residence where your local RadioShack used to be. According to reports from Bloomberg, Sprint Corp and RadioShack are in talks to have Sprint buy out RadioShack store leases in some locations.

The company posted its eleventh straight quarterly loss in December, while sales continued a decline that started in 2010. The Wall Street Journal said on Wednesday the bankruptcy filing could come as early as next month.