RadioShack goes bust

Struggling US consumer electronics chain RadioShack has filed for bankruptcy protection, pulling the plug after failing to compete with big box stores and online retailers. The storied 94 year old company, which sold the first mass market personal computer, said on Thursday it had filed for Chapter 11 protection from creditors in court in Wilmington, Delaware. As part of the bankruptcy deal, RadioShack will sell up to 2400 company-owned stores in the United States to General Wireless, a subsidia

This content is for IR Pro subscribers only.

Subscribe now to unlock an all-access pass.

IR Pro - monthly

$5 +GST for the first 30 days. (Auto renews at $28+GST per month.)
  • Unlimited news access
  • Exclusive members only masterclasses (live and on-demand)
  • Weekly careers advice
  • Weekly and quarterly digital magazines delivered to your inbox
Subscribe now
Retailer’s choice

IR Pro - annual

$312 +GST per year. (Auto renews annually.)
  • Unlimited news access
  • Exclusive members only masterclasses (live and on-demand)
  • Weekly careers advice
  • Weekly and quarterly digital magazines delivered to your inbox
Subscribe now