Amazon closed electronics retailer RadioShack

Since Amazon opened its first store last year, its O2O ambitions have surfaced. According to foreign media reports that Amazon intends to buy electronics retailer RadioShack. RadioShack retail store Amazon planned for display products, and serve as online shoppers offline delivery points. Electronics retailer RadioShack was once famous, which in 1999 had reached US $ 79.5, while Monday and its share price has fallen to $ 0.24. New York Stock Exchange said on Monday, because RadioShack has no intention of submitting a business plan, violations of trading standards, was delisted for RadioShack. Now, RadioShack has filed for bankruptcy protection. In addition, another company, Sprint has in their negotiations with RadioShack, latter part of retail stores for the joint operations.