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Once known as the go-to destination for do-it-yourself electronics, RadioShack filed for Chapter 11 bankruptcy protection in February, after nearly a century in business. The niche retailer struggled to stay relevant as electronics became more mainstream—sending shoppers to more innovative competitors such as Amazon and Apple—and as consumer preferences shifted toward mobile devices.

RadioShack tried to revamp its image in 2009 by rebranding its stores as "The Shack," but consumers didn't bite. Other attempts to refresh the brand also fell flat. In 2014, it ran a high-profile ad during the Super Bowl, which featured popular '80s figures such as Hulk Hogan.

In February the retailer announced a deal with Sprint, which plans acquire up to 1,750 of its locations. RadioShack's name may live on at these locations through cobranded shops.

Scott Mlyn | CNBC