https://www.reuters.com/article/us-radioshack-kensingtoncapital-idUSKBN1A427F
Why?
I thought Radio shack was dead already?
To my understanding, RadioShack was already in the process of bankruptcy liquidation, but this purchase took away some of those debts.
Quote from: Patrick Boots CEC on July 22, 2017, 09:43:31 AM
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.
The only Radio Shack stores turning a profit are the dealer stores, NOT the stores owned by Radio Shack.