RadioShack Sold to Hedge Fund Savior for $26.2 Million

RadioShack Standard General

Remember RadioShack? Sure you do. Back in the day it was the place to buy random cables, connectors, radio-controlled cars, and the like. But then Monoprice and Amazon kinda ruined that for ol’ RS. RadioShack then tried to sell more consumer devices and act as an authorized vendor for cell phone companies, but no one cared. Because why do I want to go to RadioShack for any of that? The erstwhile DIY electronics leader filed for bankruptcy this past February, trying to pay off more than $1 billion in debt and shut down our convert most of its stores.

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RadioShack files for Chapter 11 bankruptcy, Sprint moving into some stores


After struggling to find any sort of success in recent years, RadioShack has officially filed for Chapter 11 bankruptcy. The entire process includes plenty of moves and changes for various parties. General Wireless, a subsidiary of Standard General, will absorb most of RadioShack’s assets and existing leases for retail stores. Most notably, Sprint has agreed to move into approximately 1,750 stores across the country. It will allow Sprint to have a store-within-a-store setup. The agreement provides Sprint with around a third a retail space within the co-branded stores. While Sprint, Boost Mobile, and Virgin Mobile have primary branding on marketing materials, other carriers and products will continue to be sold.

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RadioShack may sell half of its retail locations to Sprint while closing the rest

radioshack_logoRecently, RadioShack started the process of avoiding bankruptcy by selling some of its retail locations to Sprint in order to bring in a little extra cash. While that deal hasn’t happened yet, it looks like RadioShack is considering pawning off half of its retail stores to Sprint while closing the other half, then stepping out of the retail game altogether.

The deal is currently still in the talking stages, so it’s not finalized just yet. Negotiations could fall through, or the specifics of the deal could change by the time it’s publicly announced. There’s always still a chance that another investor could step in and buy out RadioShack to keep it afloat, too, so we’ll just have to wait and see how things play out. Read more

Bankruptcy looming for RadioShack, Sprint may purchase stores


RadioShack is nearly one hundred years old, but that does not mean it is guaranteed to hit the milestone. The last few years have been especially difficult for the electronics retailer and now it seems that a bankruptcy filing is on the way. To combat bankruptcy and gain some cash, RadioShack is working to sell some of its stores to Sprint. The carrier, who has also had its fair share of troubles recently, would be able to expand with the takeover of many leases belonging to RadioShack. Sprint has been very open about expanding through retail stores; therefore, it is not shocking to hear of interest in RadioShack locations.

Source: Bloomberg

RadioShack gets HTC One signs a bit early, shows Google Play credit offer


It’s officially April, so if previous rumors hold up, we should see the HTC One hit shelves in the US by the end of the month. RadioShack appears to be one of the first to get some promotional materials for the big launch, though, and they’re beginning to market the device in stores with some eye-catching signs. The signs are specifically for the AT&T and Sprint versions of the phone, though, so if you’re a Verizon customer hoping for a last minute change of plans, sorry.

The signs do show a promo for a free $50 Google Play credit if you purchase the One with a two-year agreement, as well as $10 off the $199 price of the phone. The Play credit nice, and the $10 off isn’t much, but it’s a nice gesture. (and if everyone else launches it at $199, why not get it at RadioShack?)

There’s no official release dates on any of the signage, unfortunately, but I can’t imagine it’ll be too much longer. We’ll be sure to keep you updated as soon as anything else pops up.

source: Phandroid

[Deal] 32GB Nexus 7 is available for $229 plus free shipping from RadioShack



So what is “RARMNJ1320” exactly? Well “RARMNJ1320” is the magic code word  that will get you a 32GB Nexus 7 from RadioShack for just $229. For a limited time, RadioShack is selling the Google flagship tablet for $27 cheaper than what you can get it for from Google themselves who charge $249. On top of this, RadioShack is giving free shipping on the device, while Google usually charges $14 to ship. Added together, that’s a savings of $41 for the 7-inch tablet.

Once you’ve selected your tablet and have gone through the process of adding it to your cart, then you will enter the code word for the deal. Please note that in order to cash in on this deal, you’ll need to type out the entire code word and not simply copy and paste it, otherwise it will not work. The Nexus 7 combines portability and performance in a sleek device and for $229, this is a really great deal. If you haven’t already, check out the source for this incredible deal and lets us know how you’re enjoying your new Nexus 7.

Source: RadioShack

Thinking of nabbing an Android phone this Black Friday? Here’s a list of the best deals you can take advantage of!

With Black Friday just around the corner, knowing about the best deals that are available to you is key. If you’re planning on grabbing an Android powered device this Black Friday season, there’s some awesome choices for you to look at. TalkAndroid has your back with a list of some of the best deals out there that you can take advantage of on or around Friday!

Keep in mind that these are just some of what you can find this Black Friday. If you guys have any other info on some great deals, feel free to use the comments section. As more info comes to us this page will be updated. There’s also other stores worth mentioning such as Target and Wal-Mart. Wal-Mart will be offering $100 gift cards if you purchase a device such as the Samsung Galaxy S III (on contract), so keep your eye out for those kind of deals! Or you can also grab the Black Friday app to help you find the best deals possible.

If you’re looking for a tablet this Black Friday, you can check out our round up of great Android tablet deals!

Hope you all get what you want this Black Friday and shop safely. And of course, have a Happy Thanksgiving from the TalkAndroid crew!


RadioShack to offer Desire C for $119.99 on prepaid wireless service

Not too long ago, RadioShack teamed up with Cricket to offer prepaid wireless service for their customers. The pricing is competitive, starting at $25 per month, but the device selection so far has been fairly lacking. Well, the ‘Shack at least looks like they’re making an effort to change that by offering the HTC Desire C, and low-end/mid-range phone at an attractive price point. $119.99 gets you a 3.5 inch HVGA screen, 5 megapixel camera, and Android 4.0 with Sense on top. It’s not going to make your Galaxy S III jealous, but for the pricing on the handset and the wireless plans, it makes an excellent entry level phone for consumers.

source: RadioShack

[Deal] RadioShack offering 32GB Nexus 7 for $229 for a limited time only


Still haven’t nabbed yourself Google’s Nexus 7 tablet? This may be an incentive for you to finally grab one. For a limited time, RadioShack is offering $20 off on one item that exceeds $125, in which the Nexus 7 does. Just enter in the coupon code “RMN20” and you should be able to purchase it for $229 plus taxes.

Head on over to the source link, and don’t forget the coupon code! We don’t know how long this code lasts, so buy now if you’re interested.

source: RadioShack

Radioshack Black Friday ads show up, free HTC One X or Samsung Galaxy S II anyone?

The Holidays seem to come sooner each year and with them comes everyone favorite 5AM mall rampage known as Black Friday. For many of us, Black Friday is a chance to score a new phone at a reasonable price, and the latest leak of RadioShack’s Black Friday deals seem to promise just that.

So far the deals look to include an HTC One X for free with a new 2-year contract, as well as a Galaxy S III on Sprint for $50 or AT&T for $100. Other free phones include the Samsung Stratosphere 2 on Verizon, AT&T’s Galaxy SII Skyrocket, and Sprint’s Galaxy S II. Phones aren’t the only thing on sale either– all Zagg screen protectors are 25% off as well as many cases and headphones are marked down as well.

So, if you happen to be looking for a new phone or maybe just some extra accessories for your current device, this is definitely worth a look, especially when RadioShack is offering $10 store credit for every $50 spent.