Stores and RadioShack

RadioShack: Maybe the longest-awaited bankruptcy in history finally happened when RadioShack filed for Chapter 11 yesterday . But what do you make of this ?, according to Bloomberg. The math is: 1,600 to 2,500 of RadioShack 4,000 stores will be closed, and as many as 1,750 of the rest will become, like, half Sprint stores. That leaves as many as 650 remaining standalone RadioShacks, plus 1,500 to 1,750 half-Sprint-half-RadioShacks. RadioLeanTos. RadioTents. What even. The Standard General deal is a stalking horse , not a fait accompli, but don't mourn for RadioShack just yet and So long RadioShack. The company said Thursday that it has an agreement to sell 1,500 to 2,400 of its locations to a unit of Standard General LP, its biggest shareholder. Standard General has a deal with wireless carrier Sprint to set up stores-within-stores at as many as 1,750 locations. The rest will be shuttered under a deal with a liquidator, Hilco Merchant Resources. (news.financializer.com). As reported in the news.