Now There’s A Bidding War For The Smoldering Remains Of RadioShack

Now There’s A Bidding War For The Smoldering Remains Of RadioShack

Since RadioShack finally declared bankruptcy last month, the assumption has been that Standard General, a hedge fund that has lent the Shack large amounts of money for its failed comeback attempt, would win the bankruptcy auction. They would buy 1,700 or so of the stores that are left, along with RadioShack’s brand. Now a different lender has joined the bidding, but claims that the auction favors Standard General. [More]

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Caribou Coffee Shutting Down 88 Locations, Turning 80 More Into Peet’s Coffee & Tea

Fans of Caribou Coffee might want to start loading up on caffeine now, as the Minnesota-based company confirmed today that it’s closing down 88 locations around the U.S. A further 80 will undergo a rebranding makeover and re-emerge as Peet’s Coffee & Tea sometime in the next year or so. [More]

T-Mobile Down Throughout Southern States, But Back Up Now!

T-Mobile Down Throughout Southern States, But Back Up Now!

What the heck, did you guys strike early, and target the wrong wireless carrier? The day before the possibly-ill-conceived “Operation Chokehold” is supposed to bring AT&T’s wireless network to a standstill, T-Mobile steals all the bad press by going out this evening across large parts of the Southeastern US and Puerto Rico.
 
Update: Immediately after posting this, T-Mobile announced the service was back up.