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The Company primarily engages in the retail sale of consumer electronics goods and services through its RadioShack store chain and non-RadioShack branded kiosk operations.
RadioShack is worth more dead than alive. What I mean is has huge liability on the books from its realestate division in the form of the rent on the remaining years of its thousands of Stores. The Shack has already sold every shred of property it owned including the home office.Bankruptcy is the best way for the Shack to renegotiate or exit all those leases. The lease on corporate headquarters I believe expire in few months. Perfect time to relocate after bankruptcy sale.
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