Electronics retailer RadioShack has filed for bankruptcy and signed a tentative agreement to sell between 1,500 and 2,400 of its 4,000 U.S. stores to Sprint.
As the retail sector continues to evolve, brand licensors have to keep abreast of retail trends in order to maximize all opportunities.
RadioShack has opened another custom concept store in Boston, Mass., near the site of the company's first retail location, which opened in 1921.
RadioShack announced plans to close up to 1100 underperforming stores in the U.S. at its fourth quarter earnings report Tuesday.
RadioShack has opened its first shop-within-a-shop retail space at the University of Texas at Austin Co-op as part of a new strategy.
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