WILMINGTON, Del. — The old adage about looking a gift horse in the mouth may have a corollary regarding gift cards issued by retailers: Use it or lose it. In the latest case of gift card holders caught up in ...

Tagged with: Bankruptcy Business radioshack U.S. District Court

A Delaware bankruptcy judge has approved the sale of assets of RadioShack to hedge fund Standard General LP that will keep more than 1,700 stores open and preserve more than 7,000 jobs.

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RadioShack Corp., the bankrupt 4,000-store consumer electronics retailer, is proposing bid prices for its leases of a little over $20,000 to as much as $93,000. Minimum bids are $20,000 plus the so-called cure amount, what the company owes the landlord ...

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RadioShack Corp. will close its Hagerstown distribution center in March and lay off its 87 employees there, according to a notice from the state labor department.

Tagged with: hagerstown layoffs radioshack