Skip to main content

Amazon and Sprint in talks to buy RadioShack locations, report says

Radioshack closing
Image used with permission by copyright holder
As rumors continue to swirl around the possible demise of RadioShack, news has emerged that both Amazon and Sprint are in talks with the ailing firm about taking over some of its 4,000 or so stores across the U.S.

One or both of the companies could make their move following RadioShack’s expected bankruptcy filing, which the Wall Street Journal has reported may happen in the coming days.

According to a Bloomberg report Tuesday, Amazon is considering using some of RadioShack’s brick-and-mortar sites to showcase its hardware line-up that currently includes the Fire Phone, Echo speaker, and of course its various Kindle Fire tablets and e-readers.

While the online giant has up to now rejected the idea of a heavy brick-and-mortar presence, its expanding range of tech gear make the prospect increasingly likely. Such a set-up would, for example, allow customers to get more familiar with its gadgets by going hands-on, while trained staff could put their sales skills to work in face-to-face interactions.

Collection centers?

It’s also possible that the RadioShack locations could be used as collection centers for those ordering goods from Amazon’s website, or even act as a distribution point enabling the speedier delivery of goods to nearby customers, a service the company has recently started from a new site in Manhattan.

Bloomberg’s unnamed source added that telecom giant Sprint is also in talks with RadioShack having expressed an interest in buying up to 2,000 of its sites. However, the source claimed that Sprint’s discussions include the possibility of co-branding the stores with RadioShack, suggesting the 94-year-old electronics company could still continue to operate in some form.

RadioShack has been experiencing financial difficulties for several years now. A rebranding campaign launched in early 2014 with a costly Super Bowl ad failed to turn the company’s struggling business around. With its problems ongoing, the New York Stock Exchange announced this week it was moving to delist the company’s stock and suspend trading in its shares.

Editors' Recommendations

Trevor Mogg
Contributing Editor
Not so many moons ago, Trevor moved from one tea-loving island nation that drives on the left (Britain) to another (Japan)…
The best personal finance apps in 2023 for iPhone and Android
best personal finance apps.

When managing personal finances, there are many tasks to remember — from budgeting and tracking expenses to saving money and investing for the future. Fortunately, technology has made it easier than ever to stay on top of your finances, and plenty of apps are available for Android and iOS users to help you manage your money effectively. This means you can use them on any of the best mobile devices on the market, including the iPhone 15 Pro and Samsung Galaxy S23 Ultra.

We have compiled a comprehensive list of our favorite apps to help you find the right personal finance app for your needs. These apps can help you track your spending, create a budget, monitor your investments, and more. Whether you're looking to save for a big purchase, pay off debt, or improve your financial health, these are the personal finance apps you should use.

Read more
Don’t wait for the Galaxy S24 Ultra. Just buy this phone instead
The back of the Samsung Galaxy S23 Ultra.

The Samsung Galaxy S23 Ultra is nine months old, and over the next few weeks, talk of its successor — the inevitable Galaxy S24 Ultra — will start to gather pace.

I went back to the S23 Ultra to see if it was still as exciting as it was in February this year. I also wanted to see if waiting for the sequel instead of buying it today would be a wise decision to make. Here's what I learned.
What makes the Galaxy S23 Ultra unique

Read more
Google Pixel 8 and Pixel 8 Pro are still at their Black Friday prices
The home screen on the Google Pixel 8 Pro.

Best Buy has some fantastic phone deals with both the Google Pixel 8 and Pixel 8 Pro still at their Black Friday prices. That means you can buy the Google Pixel 8 for $549 thereby saving $150 off the regular price of $699. Alternatively, you can buy the Google Pixel 8 Pro for $200 off so it costs $799. If you’re interested in either, take a look below at what we have to say about them before you commit to making a purchase.
Google Pixel 8 -- $549, was $699

The Google Pixel 8 offers great value for money. It has an attractive 6.2-inch OLED “Actua Display” with 2400 x 1080 resolution, up to 2,000 nits of brightness, and a variable refresh rate between 60Hz and 120Hz. Performance is speedy with Android 14 working great on this phone. It also has a strong set of cameras with a main 50MP lens along with a wide-angle camera with 12MP lens and a 125.8-degree field of view. There’s also a 10.5MP selfie camera with fixed focus. One of the best Android phones for value, you’ll love its other features too. The Google Tensor G3 processor is speedy while there are useful software options like the Magic Eraser tool you’ve probably already heard about which is changing up photos for the better. It also has an adaptive battery so it’s possible to run for up to 72 hours between charges depending on what you’re doing with it.

Read more