Court approves a deal that gives Sprint one-third of the retail space inside 1740 Radio Shack Stores

In February, Radio Shack filed for bankruptcy. On Tuesday, the bankruptcy court approved a plan that will turn 1740 Radio Shack locations into Radio Shack/Sprint co-branded stores. Sprint's operation will occupy one-third of each store. Delaware bankruptcy court Judge Brendan Shannon approved the sale of the stores to a hedge fund named Standard General.



Adding 1740 new locations could help Sprint since customers have been known to wait for as long as two hours to buy and activate a new phone. Sprint CEO Marcelo Claure has praised Radio Shack's locations, calling them "incredible." Back ...