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A major Mexican news magazine had reported in March 2015 that Grupo Gigante actually purchased 100% of the stock in RadioShack de México from RadioShack Corporation for US$31.8 million, two months prior to the bankruptcy filing, but had only had to hand over US$11.8 million to RadioShack Corp. for also assuming approximately US$20 million in ...
RadioShack used to be in every neighborhood in America and it was the place to get those clear plastic landline phones. Then it filed for bankruptcy in 2017 and things (read: the few remaining ...
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But with the rise of Best Buy and Amazon, RadioShack was soon left in the dust. The company filed for bankruptcy in 2015, was acquired by Sprint, and filed for bankruptcy again in 2017.
RadioShack filed for bankruptcy in March 2017 and planned to close 552 stores. This was the company's second bankruptcy filing in two years. [229] A few months later, RadioShack announced the closure of 1,000 stores, leaving only 70 original locations open, not counting those doing business under the REV program. [230]
Radio Shack (Canadian division) – electronics store; Seagram – spirits and wine; Target Canada – closed because of a $2.1 billion loss for Target Corporation; Terra Transport; Towers Department Stores – department store chain; acquired by Zellers; Union Bank of Halifax – now part of the Royal Bank of Canada
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Best Products – filed for bankruptcy for the second time in September 1996 [33] [34] and closed all of its stores by the following February [35] [36] Brendle's – became bankrupt and liquidated in 1996 [37] [38] Consumers Distributing – sought bankruptcy protection in 1996; Ellman's – acquired by Service Merchandise in 1985 [39] [40]