Posts tagged as: RadioShack

Sprint to Test New Stores with Dixons Carphone

Sprint today announced a new partnership with Europe’s Dixons Carphone that will see the companies test 20 new retail stores in various markets around the U.S. Dixons Carphone is a renowned electronics retailer. Under the terms of the agreement, Sprint will open and staff 20 retail stores that will be managed by Dixons Carphone Connected […]

RadioShack Finalizes Sale of Name and Customer Data

A Delaware bankruptcy judge approved the sale of RadioShack’s name and certain customer data to an affiliate of Standard General for $26.2 million. One of the key issues resolved over the last seven days concerned AT&T and Apple customer data. AT&T, Apple, and several state attorneys general disapproved of the sale of the customer data, […]

FTC Sides with Apple, AT&T Over Privacy Concerns with RadioShack Customer Data

In a letter sent to Elise Frejka, the court-appointed privacy ombudsman in the matter, FTC Consumer Protection Director Jessica Rich pointed out that RadioShack originally collected the data with the promise that it wouldn’t sell the data “to anyone at any time,” according to Law360. Rich argued that sharing any of 21 categories of data […]

Apple, AT&T Ask the Court to Block RadioShack’s Sale of Customer Data

Apple and AT&T have filed legal objections to RadioShack‘s planned sale of customer data. RadioShack sold products from both AT&T and Apple and originally agreed to keep customer data private. RadioShack is going through bankruptcy and hopes to use any potential proceeds of selling customer data to third parties in order to pay off creditors. […]

Judge Approves Sale of RadioShack

A U.S. judge has given RadioShack permission to sell its 1,740 stores to Standard General, a hedge fund that plans to operate the stores with Sprint. One of RadioShack’s creditors, Sulas Capital Partners, had opposed the sale. RadioShack declared bankruptcy in February after spending more than a year attempting to rebuild its business. Under the […]

RadioShack Files Chapter 11 – Sprint to Take Over Some Stores

RadioShack has filed for Chapter 11 bankruptcy protection in a pre-packaged plan to sell upward of 2,400 of its stores to majority shareholder and lead lender Standard General. Under the plan, General Wireless, a newly created Standard General affiliate, would acquire from 1,500 to 2,400 of the company-owned stores. As many as 1,750 of those […]

Sprint May Buy Up Half of RadioShack’s Stores

RadioShack and its creditors might sell half the company’s stores to Sprint and close the remaining locations, reports Bloomberg. Sources familiar with the companies’ plans suggest Sprint would rebrand the RadioShack stores, which would cease to exist as stand-alone electronics stores. Bloomberg’s sources said, however, that the deal is not final and may change. Further, […]

Reports of iPhone Shortages At RadioShack

RadioShack outlets across the US are suffering from extremely low iPhone stock, despite the critical holiday shopping season, according to Seeking Alpha. Most models aren’t on shelves, and in many cases stores lack any iPhones to speak of, forcing people to use a “Ship to Store” option that takes several days. RadioShack doesn’t sell the […]

RadioShack Launches Defense Mobile – Low-Cost Service for Vets

RadioShack recently launched Defense Mobile, wireless service meant exclusively for members of the U.S. armed forces, their families, and veterans. Defense Mobile resells access to AT&T and Sprint’s networks, and offers the most popular devices available, including the Apple iPhone 6 and Samsung Galaxy S5. According to RadioShack, Defense Mobile is supported by a 100% […]

RadioShack May Gain Second Life Thanks to Shareholders

A major RadioShack shareholder plans to invest more cash in the business in order to improve its liquidity. RadioShack is facing a cash crisis. As of last month it had just $30.5 million in the cash and owed creditors $658 million. Standard General is still discussing the particulars with RadioShack and its other creditors. The […]

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