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Log In / Register | Jun 24, 2017

RadioShack’s CEO Quits after Nine Months; Franchisees Tried to Band Together

Shuttered RadioShackRon Garriques, the CEO of troubled RadioShack has called it quits after just nine months on the job. The firm's chief financial officer Gordon Briscoe has been named interim CEO as its board of directors searches for a permanent one.

Which RadioShack Stores Set to Close?

According to RadioShack's bankruptcy plan, somewhat over half of its 4,000 company-owned stores are on the chopping block and the remaining 1,784 are likely to become co-branded Sprint stores.<

RadioShack Files for Chapter 11 Bankruptcy

In a release on Thursday evening RadioShack announced that it has filed for bankruptcy and that it has agreed for an affiliate of hedge fund Standard General, General Wireless, to purchase between 1,500-2,400 of its U.S. stores.

Franchises Ready to Accept Apple Pay at Today's Launch

McDonald's, Panera Bread, RadioShack and Subway will be among the well-known brands accepting Apple Pay at today's launch nationwide.

RadioShack’s Last Financing Lifeline?

RadioShack sign. photo by blue maumau
photo by bmm

With Wall Street watchers wondering if its in a death spiral, RadioShack announced on Tuesday that it has received $835 million in financing, thanks to the money bags of GE Capital.

RadioShack Gains on Phone, Brand Efforts

FORT WORTH, Tex.—RadioShack (NYSE: RSH) today reported that sales increased 4% in its first quarter, from $1 billion a year ago to now $1.04 billion from an increase on smartphone sales.