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posted by Fnord666 on Tuesday March 07 2017, @04:04PM   Printer-friendly
from the so-it's-insolderancy? dept.

The company that arose from RadioShack's 2015 bankruptcy saga could soon itself be filing for bankruptcy.

General Wireless is reportedly on the brink of seeking protection from creditors and entering the liquidation process. The biz could not be reached for comment. The formal paperwork for the bankruptcy could be posted within a matter of days, it is claimed.

A liquidation of General Wireless will effectively mark the end of RadioShack, which opened its first store in 1921 and became a mainstay of electronics hobbyists through the rise of the home computing era.

The retailer was nearly liquidated outright in 2015 after years of struggling to keep up with competition from online stores and a financial plummet that saw the value of its stock fall so sharply it was removed from the New York Stock Exchange.

Micro Center remains, but in the era of Adafruit, Seeed Studio, Sparkfun, and others are big-box retailers still relevant?


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  • (Score: 2) by Gaaark on Wednesday March 08 2017, @03:17AM

    by Gaaark (41) on Wednesday March 08 2017, @03:17AM (#476301) Journal

    I knew a guy who was 8' tall, but it was ALL legs: when he sat down, I could look him in the eyes.

    His parents would buy him extra tall pants, but that meant his belt line came half way up his chest. Poor guy had to try hiding it under shirts not tucked in, or sweat shirt type of thing.

    Sometimes it seemed that Dog just wanted a good laugh: he was soooo awkward, and we had a dick P.E. teacher who made him do shit he couldn't do (pommel horse, rope climbing) but wouldn't let him near his precious basketball team, even though he would have been at least fair with guidance.

    Dick head drunk P.E. teacher with a crappy pinkish Corvette convertible dick head. Reminds me of that teacher in Breakfast Club. Dick.

    --
    --- Please remind me if I haven't been civil to you: I'm channeling MDC. ---Gaaark 2.0 ---
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