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Author Topic: RadioShack Saved from closure Yet Again  (Read 363 times)
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Patrick Boots CEC
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« on: July 20, 2017, 05:22:04 PM »

https://www.reuters.com/article/us-radioshack-kensingtoncapital-idUSKBN1A427F
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zonemad96
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« Reply #1 on: July 20, 2017, 07:01:35 PM »

Why?
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Pikapower
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« Reply #2 on: July 21, 2017, 04:35:01 PM »

I thought Radio shack was dead already?
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Patrick Boots CEC
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« Reply #3 on: July 22, 2017, 08:43:31 AM »

To my understanding, RadioShack was already in the process of bankruptcy liquidation, but this purchase took away some of those debts.
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zonemad96
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« Reply #4 on: July 22, 2017, 02:30:36 PM »

To my understanding, RadioShack was already in the process of bankruptcy liquidation, but this purchase took away some of those debts.

Still makes no sense it's clear the stores aren't pulling a profit and it's not like some magical turn around is right around the corner. To me it seems like a waste of money that could have been better invested elsewhere.
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ShopKoFan
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« Reply #5 on: July 22, 2017, 10:07:15 PM »

The only Radio Shack stores turning a profit are the dealer stores, NOT the stores owned by Radio Shack.
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