Sprint Corp.'s store-within-a-store model with RadioShack may soon see a shakeup. According to a report by Bloomberg, RadioShack's successor is expected to file for bankruptcy.
Citing anonymous sources, Bloomberg said General Wireless Operations may file for bankruptcy in the coming days, which will likely result in liquidation.
General Wireless was formed through a partnership between Sprint (NYSE: S) and New York hedge fund Standard General LP. After RadioShack Corp. filed for bankruptcy in 2015,…RadioShack successor’s bankruptcy may disrupt Sprint’s retail plans
Sprint Corp.'s store-within-a-store model with RadioShack may soon see a shakeup. According to a report by Bloomberg, RadioShack's successor is expected to file for bankruptcy.
Citing anonymous sources, Bloomberg said General Wireless Operations may file for bankruptcy in the coming days, which will likely result in liquidation.
General Wireless was formed through a partnership between Sprint (NYSE: S) and New York hedge fund Standard General LP. After RadioShack Corp. filed for bankruptcy in 2015,…