We visited a RadioShack in NYC to see why hundreds of stores are closing
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Mary HanburyRadioShack has filed for bankruptcy for the second time in just two years. The electronics retailer announced Wednesday that it will close about 200 stores.
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When RadioShack filed for bankruptcy back in 2015, the company was taken over by General Wireless, an affiliate of the hedge fund Standard General. The deal established a partnership with Sprint to open co-branded stores. The plan wasn't successful.
We headed to a RadioShack store in New York's Flatiron neighborhood to find out what the brand is doing wrong.
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