World retail top 500 RadioShack formally declared bankrupt

Bloomberg reported a few days ago, a 94-year history of the world’s top retail 500 RadioShack formally declared bankrupt. Bankruptcy filings RadioShack 4,000 stores, about half owned by Sprint Corporation. CEO Joe Magnacca said the move was to protect as much as shareholders ‘ equity. RadioShack has 21,000 employees, including full and part-time. Development of e-commerce in United States traditional retailers had serious shocks, RadioShack was once the United States one of the largest mobile phone retailer, Internet Retailer has reported “2013 RadioShack online sales of about 52 million dollars.” Had previously reported that Amazon or will acquire RadioShack parts stores and RadioShack statement makes no mention of bankruptcy.