RadioShack files for bankruptcy again


For the second time in two years, RadioShack has filed for bankruptcy.
The electronics store filed its petition in a Delaware bankruptcy court Wednesday, The Associated Press reports, and plans on closing about 200 stores. RadioShack President and CEO Dene Rogers said in a statement that the company has reduced operating expenses by 23 percent since 2015, but a partnership with Sprint has not been as profitable as expected.
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Catherine Garcia has worked as a senior writer at The Week since 2014. Her writing and reporting have appeared in Entertainment Weekly, The New York Times, Wirecutter, NBC News and "The Book of Jezebel," among others. She's a graduate of the University of Redlands and the Columbia University Graduate School of Journalism.
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