RadioShack is a leading national retailer of innovative technology products and services, as well as products related to personal and home technology and power supply needs.
"We are excited to be moving forward as a new and reinvigorated company under one of the most recognized consumer brand names of all time," said Ron Garriques, Chief Executive Officer of
RadioShack. "Our stores serve over 1,200 communities, providing high-quality, high-value consumer electronics and accessories from globally recognized manufacturers and increasingly, with this acquisition, from exclusive brands that our customers know and trust such as Realistic[R], AUVIO[R], ENERCELL[R] Optimus[R] and more."
Less sensitive purchase records were expunged after three years in some cases, but
RadioShack kept them "indefinitely" if customers bought a warranty, so if you bought insurance on your television in 1998,
RadioShack remembers.
has a deal with Standard General to open mini-shops in as many as 1,750 of the
RadioShack stores Standard General is buying.
RadioShack said in a statement that the Standard General affiliate, called General Wireless, would acquire between 1,500 and 2,400 of its 4,100 stores.
The full list of franchise concepts follows: Edible Arrangements, Jan-Pro Cleaning Systems, Panda Express, Pretzelmaker, Russo's New York Pizzeria, Title Boxing Club, World of Beer, Great American Cookies, Marble Slab Creamery, PJ's Coffee,
RadioShack, Tilted Kilt Pub & Eatery, Tutor Doctor, and Wow Cafe.
Have you ever noticed that
RadioShack's look has not changed in more than 30 years?
"We are extremely pleased to have a finance professional with John's experience join us as we move forward with our turnaround plan,"
RadioShack chief executive officer Joe Magnacca comments.
Under the agreement, the banking company will continue to provide service-enhancing solutions and analytics in support of
RadioShack's targets for growth.
(NYSE: DDS), Sears Holdings Corporation (NASDAQ: SHLD), Dollar General Corporation (NYSE: DG), and
RadioShack Corp.