After filing for Chapter 11 bankruptcy twice in two years, closing thousands of its corporate-owned stores, and auctioning off its corporate treasures, RadioShack is improbably still around. A new plan for getting out of bankruptcy filed with the court spells out the company’s plans, which involve online sales, franchising its brand, and somewhere between a few dozen and no corporate-owned stores. [More]
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Dunkin’ Donuts Dropping The “Donut” In California Test
By 8.3.17
It’s just common knowledge that shortening your name makes you so much cooler; Alexander to Alex or Robert to Bob or Christopher to Topher. Okay, might not always be true, but Dunkin’ Donuts appears to be embracing its nickname in hopes that it will bring in more customers to buy drinks, sandwiches, and pretty much anything other than donuts: The chain will go by just Dunkin’ at some California stores. [More]
Report: Only One Bidder Wanted The RadioShack Brand And Mailing Lists
By 7.19.17
You have to feel kind of sorry for RadioShack. After filing for Chapter 11 bankruptcy for the second time in two years, the once-ubiquitous electronics chain has fewer than 100 corporate stores. Now the brand has a new owner after only one bidder was interested in buying the brand and its intellectual property. [More]
RadioShack Creditors Sue Sprint, Accuse It Of Destroying 6,000 Jobs
By 6.30.17
Just over two years ago, venerable but bankrupt electronics chain RadioShack cut a deal with mobile carrier Sprint to save thousands of jobs and keep 1,740 stores that were formerly part of RadioShack open. Only the unsecured creditors in RadioShack’s second bankruptcy now accuse its pal Sprint of using information from the contract to open hundreds of stores near the strongest RadioShack locations, dooming the reborn RadioShack.. [More]
RadioShack Closes Last Store In Its Hometown
By 6.29.17
Even as the number of remaining RadioShacks dwindled to below 100, the once-popular retailer held off on closing the one store left in its hometown of Fort Worth, TX. But when that lone holdout shutters this weekend, it will leave a huge swath of Texas without a RadioShack for the first time in decades. [More]
18 Fascinating Items From RadioShack’s Corporate Memorabilia Auction
By 6.2.17 — Updated: 6.5.17
As part of closing down, RadioShack is emptying out the company museum at its headquarters, and its corporate archives and vault of memorabilia. That means that the company is selling some valuable and cool items, and some boxes of random crap that seemingly have no value to anyone. Here’s a tour of the best items in the auction, with some cool stuff and some crap. [More]
RadioShack Closed All But 70 Stores This Weekend
By 5.30.17
Unless you happened to walk or drive past a RadioShack this weekend, you may not have realized that Memorial Day weekend 2017 marked the end of almost all of the chain’s stores. It once had more than 7,300 locations, and now it’s down to 70 corporate stores and a few hundred franchisees. [More]
Should RadioShack Executives Get $1.4 Million In Bonuses? No, Say Creditors
By 4.20.17 — Updated: 5.9.17
When a company has filed for bankruptcy and is closing stores, should the leaders who helped it to get there be rewarded with bonuses? That question has come up in the proceedings for RadioShack’s second bankruptcy in just over two years, and the company’s creditors and court-appointed trustee have responded with a resounding “nope.” [More]
RadioShack Stops Caring, Brushes Off Profane Posts By Rogue Closed Store
By 4.19.17 — Updated: 5.9.17
When RadioShack went bankrupt for the second time in two years and decided to close hundreds of stores, it forgot to do one important thing: Make sure the employees it fired didn’t have access to their stores’ social media accounts.
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RadioShack Warns State It May Lay Off All Headquarters Employees
By 3.27.17
As twice-bankrupt electronics retailer RadioShack cuts back on its remaining network of stores across the country, the company has notified the state of Texas that it may close its corporate headquarters in Fort Worth at the end of May, or at minimum lay off some of the people who work there as its store network shrinks even more. [More]
These RadioShack Items Were Actually Cheaper Before They Went On ‘Clearance’ Sale
By and 3.21.17
We recently heard from RadioShack staffers that the retailer raised “original” or list prices on hundreds of items shortly before the Shack’s March 8 bankruptcy filing, presumably to give the appearance that the subsequent “clearance” sale offered deeper discounts than if the base price hadn’t changed. However, we can now see that some of the items on RadioShack’s website are now selling for more than they were only weeks before the store went bankrupt. [More]
Inside Stories From RadioShack’s Sinking Ship: Tight Lips, Confusion, Questionable Clearance Prices
By 3.15.17 — Updated: 5.10.17
As RadioShack slouched toward its second bankruptcy in two years, employees of the once-great retailer inundated Consumerist with tales of tight-lipped managers, confusion over store closings, and “clearance” savings that aren’t what they appear to be. [More]
Here Is The List Of RadioShack Stores Closing Soon
By 3.10.17 — Updated: 3.17.17
RadioShack is, once again, bankrupt and all of its locations that aren’t being converted to Sprint stores are potentially on the chopping block. A new court filing has finally revealed which of the nearly 200 Shacks will be closing in the immediate future. [More]
RadioShack May Close Somewhere Between 530 And All Of Its Stores
By 3.9.17 — Updated: 5.10.17
For the second time in 25 months, electronics retailer RadioShack has filed for bankruptcy protection. The first time around, The Shack closed just over half of its stores, partnering with Sprint to keep the rest open and preserve thousands of jobs. This week, the company formed to keep the brand going sought permission from the bank to close between one-third and all of its stores. [More]
RadioShack Goes Bankrupt For Second Time In Two Years; Sprint Will Take Over Some Stores
By 3.8.17
That was quick. Barely two years after filing for its previous bankruptcy, RadioShack has again run out of money and options, resulting in the retail chain’s second Chapter 11 filing since Feb. 2015. [More]
Report: RadioShack In The Process Of Closing Around 200 Stores
By 3.7.17
As rumors continue to swirl that RadioShack’s parent company is preparing to file for bankruptcy, a new report backs that up, and says that the chain is in the process of closing around 200 stores. From the response we’ve gotten from readers asking about the status of their local stores, we aren’t surprised. [More]
Is Your Local RadioShack Store Closing Soon? Let Us Know
By 3.6.17 — Updated: 5.10.17
Amid recent rumors that the company that now owns RadioShack is preparing to file for bankruptcy, and scattered reports of store closures around the U.S., we started noticing signs — very literal ones — that the company could be making a concerted effort to shut down stores. [More]
Company Born From RadioShack’s Ashes May File For Bankruptcy
By 3.3.17 — Updated: 3.4.17
After RadioShack filed for bankruptcy in 2015, a new company — formed by a partnership between Sprint and the Shack’s new owners at Standard General — rose out of the ashes. Now comes news that this company, General Wireless, may also be facing bankruptcy. [More]
