Radio Shack Plans To Close 200 Stores

RadioShack plans to close about 200 stores after filing for bankruptcy for the second time in two years. 

Its owner says a co-branding partnership with wireless carrier Sprint did not go as well as anticipated. The hedge fund that bought the consumer electronics chain out of bankruptcy in 2015 had hoped the arrangement would revitalize the business.

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Photo:  flickr, brownpau

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