February 6, 2015
Sprint will operate co-branded RadioShack stores
Sprint Corp. will more than double its retail store count as part of a deal to take on 1,750 RadioShack locations.
Overland Park-based Sprint (NYSE: S) announced Thursday that it has agreed in principle on a deal to take on the RadioShack stores (NYSE: RSH) as part of the retailer’s Chapter 11 bankruptcy proceedings. The arrangement calls for Sprint to operate a “store within a RadioShack store,” according to a release.
The deal calls for the sale of a portion of RadioShack Corp.’s assets and the…