Who Wants The RadioShacks That Sprint Doesn’t?

Get 'em while they're hot (-ish).
Author:
Publish date:

Tabula rasa.

They could be yours in less than two weeks! And we hear there’s a major market opening for an electronics chain… well, maybe not.

Fort Worth-based RadioShack has asked a bankruptcy judge to approve bidding procedures for auctioning hundreds of store leases not being taken over by Standard General, and suggested that a hearing to approve the sales be held on Feb. 25….

RadioShack wants the matter resolved quickly so it doesn’t have to keep paying for the unwanted stores. It launched clearance sales at many stores last week.

RadioShack wants to auction closed store leases this month [Bloomberg via Fort Worth Star-Telegram]

Related