Radio Shack Signing Off

Customers are flocking to Radio Shack stores to take advantage of bargains and have one last look at a dying Texas tradition.  The Fort Worth Star-Telegram reports on the demise of the long-running brand.  Many folks bought there first personal computer (a Tandy) at from the Fort Worth-based company.  Radio Shack is the latest in a long line of traditional retail failures as more and more purchasing moves to internet-only retailers.

RadioShack plans to sell up to 2,400 of its 4,000 stores to hedge fund Standard General, with Sprint planning to set up operations along with RadioShack in as many as 1,750 stores. But other proposals are expected in an upcoming bankruptcy court auction, where the fate of the stores will be determined.  Several customers interviewed outside stores Friday afternoon felt a sense of inevitability that the RadioShack name could soon become a thing of the past.

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