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Business Events Store Closings

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  • RadioShack to slow sale process; GameStop eyes stores Wednesday, 25 Feb 2015 | 12:20 PM ET

    WILMINGTON, Del, Feb 25- Bankrupt RadioShack Corp will slow the process of selling its surviving stores, while GameStop Corp has expressed interest in some of its 1,100 locations that are being closed this month, a lawyer for the electronics retailer told a judge on Wednesday. RadioShack entered Chapter 11 bankruptcy earlier this month with about 4,000 stores.

  • WILMINGTON, Del, Feb 20- Bankrupt electronics retailer RadioShack Corp received court approval on Friday for its plan to try to sell the leases to more than 1,100 stores that it will close by the end of February. RadioShack first proposed closing many of the locations early last year as it struggled to turn around its money-losing operations, but lenders...

  • SAN FRANCISCO, Feb 5- Sprint Corp aims to expand its retail footprint with 500 stores this year and is considering troubled electronics retail chain Radioshack's prime real estate, Chief Executive Marcelo Claure told Reuters on Friday. "We're looking at RadioShack very closely, in terms of what's going to happen. Radioshack is preparing to shut down and sell...

  • Feb 2- Troubled electronics retailer RadioShack Corp is preparing to shut down the chain in a bankruptcy deal that would see half the stores taken over by Sprint Corp, Bloomberg News reported, citing people with knowledge of the discussions. Sprint and RadioShack have also had talks about co-branding the stores, Bloomberg reported, citing two anonymous...

  • Feb 2- Troubled electronics retailer RadioShack Corp is preparing to shut down the chain in a deal that would see half the stores taken over by Sprint Corp, Bloomberg News reported, citing people with knowledge of the discussions. Sprint and RadioShack have also had talks about co-branding the stores, Bloomberg reported, citing two anonymous sources.

  • Sears posts $548M loss, doubles store closure plan Thursday, 4 Dec 2014 | 12:36 PM ET
    Banners hang from Sears' flagship store in the Loop on Jan. 22, 2014, in Chicago.

    Sears reported a quarterly net loss of $548 million, and the retailer said it had nearly doubled its planned store closures to cut costs.

  • Crumbs shows risks of being a one-hit wonder Wednesday, 9 Jul 2014 | 6:24 AM ET
    A selection of cupcakes is seen at Crumbs Bake Shop.

    When Crumbs shuttered its remaining stores, it seemed like an abrupt ending for a company that opened a decade ago to ride the wave of popularity of the sugary treat.