Sprint Looks to Occupy Failed RadioShack Stores

TWL_2015_feb_blog6The closing of RadioShack stores nationwide may be an opening for the nation’s third largest wireless carrier. According to a recent report in the Chicago Tribune, Sprint hopes to expand its retail presence by opening mini shops in more than 1,700 of RadioShack’s closing locations. In its bankruptcy filing, RadioShack said it is looking to sell between 1,500 and 2,400 stores to Standard General, its largest shareholder. Sprint has entered into a deal with Standard General to occupy one-third of the retail space in each of those stores. Sprint will use the retail space to sell Sprint plans and mobile devices to consumers.

For full details on the proposed bankruptcy deal, read the full story.

Image Source: Mike Mozart