GameStop, as part of the RadioShack lease auction, has acquired 163 locations, theWall Street Journal reported.
The merchants listed in Dealerscope’s registry of the Top 101 CE retailers in the United States and Canada sold $227.7 billion in consumer electronics in 2014, a modest 3.35 percent increase over the $220.32 billion earned the previous year. Relatively static sales, however, are not indicative of a static marketplace.
With RadioShack's store auction set to begin, a group of RadioShack dealer/franchise owners have formed a group to "represent the interests of the participating Dealers/Franchisees in RadioShack’s bankruptcy case."
Petra Industries announced that it has named Jim Loden, formerly of RadioShack, director of business development. Loden will handle new and existing business development in support of Inside Sales, WirelessHQ and E-Commerce sales channels.
RadioShack, the 94-year-old consumer electronic store company, today officially filed for Chapter 11 bankruptcy.
Soon, there may be an even more convenient way to get Amazon products. With RadioShack on life support, Amazon is “in talks” to buy some of the chain’s stores: