RadioShack


'RadioShack' Articles

Apple Objects to Customer Information Being Included in Sale of RadioShack Assets

After filing for Chapter 11 bankruptcy back in February, confusion began to swirl surrounding the future - or lack thereof - regarding RadioShack's brand name and the sensitive customer data the tech seller has accumulated over the years. Yesterday, the auction for those assets ended and New York-based investment firm Standard General came out on top, winning the brand with a $26.2 million bid. Last week, as bidding went underway for the bankrupt company's IP and data, Apple chimed in with a filing of its own at the bankruptcy court in Wilmington, Delaware where the proceedings were underway (via Dallas Business Journal). Apple's objections note that RadioShack was not holding up its end of a previous reseller agreement made between the two companies that would prevent the retailer from the selling of Apple customer information. The Cupertino company went so far as to say that that information does not fall within RadioShack's estate, meaning anyone who buys the company - namely Standard General - has no right to access any of that sensitive data. Apple isn't the only objector to the sale of customer data, with AT&T reaching a settlement with RadioShack and any "purchaser of its assets" to prevent the bankrupt company from the selling, disclosure, or transferring of AT&T's protected information. The state of Texas itself filed an objection in March, claiming the sale of customer data should be prevented as it violates the Texas Deceptive Trade Practices Act and basic consumer protection laws set in place within the state. Frances Smith, a law partner at

RadioShack May Close Half of its Retail Locations, Sell Other Half to Sprint [Updated]

The end may be near for RadioShack retail stores after a dire September warning that the company would not be able to finance operations "beyond the very near term" without a sale, investment, or company restructuring. According to Bloomberg, RadioShack may be planning to sell half of its stores to Sprint and close the other half in a move that would potentially see the termination of the RadioShack brand.The locations sold to Sprint would operate under the wireless carrier's name, meaning RadioShack would cease to exist as a stand-alone retailer, said the people, who declined to be identified because the talks aren't public.RadioShack was established in 1921 and flourished for many years, but in the early 2000s, the retail chain began seeing some decline in sales. In 2006, RadioShack closed 500 stores and laid off more than 400 employees in an effort to cut costs, but the brand has continued to struggle since that time as consumers have turned towards online retailers like Amazon and dedicated carrier stores from AT&T, Sprint, T-Mobile, Verizon, and more. The company warned investors in September that it could be forced to file for bankruptcy protection, but RadioShack bankruptcy rumors have circulated since 2012, when RadioShack first began seeing major losses. A second consolidation was announced in 2013, with an additional 1,100 stores to be closed, but that move has since morphed into the liquidation plan to sell to Sprint or another company as RadioShack has continued to lose value over the course of the past year. Terms are still being discussed between

RadioShack Offering Pre-Orders for New iPad via $50 Gift Card Purchase

RadioShack today announced that it has begun taking pre-orders for the new iPad, with availability set for Friday, March 16. RadioShack's pre-ordering method requires customers to purchase a $50 gift card that can then be applied to final purchase once the device launches.Following yesterday’s exciting announcement of the new iPad, I’m writing to let you know RadioShack will start selling the hot new tablet on Friday, March 16. Starting today, the new iPad will also be available for pre-order by purchasing a $50 RadioShack gift card that can be used toward the final purchase.RadioShack is also touting its Trade & Save program, which will offer users store credit of up to $350 for an iPad 2 or up to $175 for an original iPad. The credit can be applied to the purchase of a new iPad or any other product. Customers applying the trade-in credit to the purchase of a third-generation iPad or iPad 2 will also receive an additional $50 mail-in rebate. The company also notes that it is one of the few retailers that will offer AppleCare+ alongside the new iPad, simplifying the purchase and registration process for Apple's new extended warranty program with accidental damage coverage. According to RadioShack, it will join Apple, Target, and Apple's partner mobile phone carriers as the only U.S. retailers to offer AppleCare+ for