The report did not specify the number of stores
being leased.
The struggling electronics retailer is seeking to emerge from
bankruptcy with 2,000 to 3,000 stores, compared with the more
than 4,000 it has now, the source told Bloomberg. (http://bloom.bg/1KOmdbM)
RadioShack was not immediately available for comment. Sprint
declined to comment.
Fort Worth, Texas-based RadioShack, which has done little to
transform itself into a destination for mobile phone buyers,
warned in September that bankruptcy filing was a possibility.
The company posted its eleventh straight quarterly loss in
December, while sales continued a decline that started in 2010.
The Wall Street Journal said on Wednesday the bankruptcy filing
could come as early as next month.
(Reporting By Kshitiz Goliya in Bengaluru; Editing by Don
Sebastian)
[© 2014 Thomson Reuters. All rights
reserved.] Copyright 2014 Reuters. All rights reserved. This material may not be published,
broadcast, rewritten or redistributed.
|
|