RadioShack to Seek Bankruptcy Protection, Again

www.wsj.com

Drew Fitzgerald and Ryan Knutson:

At its height in the 1990s, RadioShack’s outlets were nearly as common as convenience stores with a location within 5 miles of nearly every American. The chain had more than 5,000 locations as late as 2013, but closed more than half when it filed for bankruptcy protection in 2015.

I'm shocked, shocked, that the effort didn't work. I still like my idea from 2014 -- the last bankruptcy -- to turn RadioShack into the "Apple Store for everything." Easier said than done, of course. But it's sort of what B8ta is trying to do as a startup! As noted above, RadioShack's reach was insane, but they allowed those stores to become albatrosses rather than assets. 

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