Report: Radio Shack to close its doors; Sprint to lease up to half of the stores

Radio Shack, the struggling national electronics chain known more for plugs, cables, wires and batteries than the smartphones they were also selling, is about to close its doors and file bankruptcy. Bloomberg is reporting that the company is working on a deal that would have Sprint take over the lease on as many as half of the shuttered stores.



The stores controlled by Sprint would carry the carrier's name, according to anonymous sources. But no deal has been signed yet, and alternative plans have been discussed. There have been talks about co-branding the stores that Sprint plans on leasing, ...