Radio shack iphone deals 2020

Radio shack iphone deals 2020

Radio shack iphone deals 2020

We are a country of many options. To help you find a participating RadioShack or Sears store near you, please use our store locator. Best of all, when you buy your Consumer Cellular phone in a store, you get the same benefits as if you had purchased it directly from us, such as our no-risk, money-back guarantee and special discounts for AARP members. After you buy your phone, just call our customer support for immediate cell plan activation. We get it. Consumer Cellular is all about giving customers more choices and affordable cell phone plan options.

iPhone 5c now just $45 with contract at both Walmart and Radio Shack

RadioShack's last hope for a turnaround was an aggressive cost-cutting plan, announced in March, that called for closing more than 1, stores this year. However, the company's lenders scuttled that plan just 2 months later. After that setback, bankruptcy looked like RadioShack's best option. After 4 more months of dreadful results, RadioShack's management team is nearing the same conclusion.

The only people still in the dark are RadioShack shareholders and day traders looking to flip the stock for a quick profit. Don't get sucked into this madness -- RadioShack stock is almost certainly worthless. As of early May, RadioShack appeared to be spiraling toward bankruptcy. The biggest culprit: plummeting sales. RadioShack's money-losing store operations are rapidly draining its liquidity reserves.

Boosting smartphone sales this fall will make RadioShack's cash crunch worse Photo: Apple. By the time the critical holiday shopping season rolls around, RadioShack may have difficulty paying for inventory. Moreover, selling smartphones is a capital-intensive business that will further sap RadioShack's liquidity. In the meantime, RadioShack is out hundreds of dollars.

Multiply that by hundreds of thousands of phones, and RadioShack could be in for a quick cash crunch. RadioShack alluded to the possibility of bankruptcy in the earnings report it released last Thursday, albeit in a very roundabout, jargon-filled manner. Its official quarterly filing with the SEC was more blunt:. Given our negative cash flows from operations and in order to meet our expected cash needs for the next twelve months and over the longer term, we will be required to obtain additional liquidity sources, consolidate our store base and possibly restructure our debt and other obligations If acceptable terms of a sale or partnership or out-of court restructuring cannot be accomplished, we may not have enough cash and working capital to fund our operations beyond the very near term, which raises substantial doubt about our ability to continue as a going concern.

RadioShack doesn't have much time to figure out its next move, either. Standard General -- a hedge fund that owns a significant amount of RadioShack stock and debt -- is reportedly working with UBS on a new financing package to stave off bankruptcy. However, any deal would have to be wrapped up within days, according to The Wall Street Journal. Realistically, this means that short of a miracle, RadioShack will eventually declare bankruptcy. Even if RadioShack can secure some extra liquidity to make it through the holiday season, the company is burning cash so quickly that it would likely be in dire straits again by next year.

To survive more than a year or two, RadioShack needs to cut its debt load and interest burden, not add to it. As obvious as it is that RadioShack is spiraling toward bankruptcy, Mr. Market has looked the other way. Surprisingly enough, RadioShack stock rose on Thursday, after the company announced that it needed to take quick action to address its persistent losses and liquidity problems.

RadioShack stock's wild gyrations during the past few weeks have attracted hoards of day-traders looking to flip the stock for a quick profit. However, this is a fool's game. Not to be confused with a Fool's game: here at the Fool we believe in investing for the long-term -- not day trading. Some companies like American Airlines have been able to compensate shareholders well, despite going through bankruptcy.

RadioShack isn't likely to be one of those companies. Whereas American Airlines benefited from an industrywide revival, physical consumer electronics retail stores won't be making a comeback. While RadioShack CEO Joe Magnacca recently talked about "improving trends" in the core retail segment, all he meant was that the rate of sales declines has slowed -- but revenue is still falling! Modest operating improvements won't create any value. In a worst-case scenario, RadioShack will have to liquidate.

In a best-case scenario, it will develop a workable plan to stay in business. The only thing investors really need to know about RadioShack stock is that they should stay far away. RadioShack is rapidly burning cash, liquidity is already at a dangerously low level, and the company needs massive comparable store sales growth to get back to breakeven. There is a good chance that the RadioShack story ends with a total liquidation of the company within the next year or so. But even if RadioShack manages to stave off that disastrous ending, it is still almost certain to declare bankruptcy in order to get out of unprofitable store leases and clean up its balance sheet.

Either way, owners of RadioShack stock are likely to get nothing, give or take a few pennies. Any upside from a potential turnaround or fire sale will benefit unsecured creditors, not RadioShack shareholders. Sep 15, at PM. He is an avid stock-market watcher and a value investor at heart. He primarily covers airline, auto, retail, and tech stocks. Follow him on Twitter for the latest news and commentary on the airline industry!

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$25 iPhone 4 at Radio Shack after discount & trade-in deals

RadioShack's last hope for a turnaround was an aggressive cost-cutting plan, announced in March, that called for closing more than 1, stores this year. However, the company's lenders scuttled that plan just 2 months later. After that setback, bankruptcy looked like RadioShack's best option. After 4 more months of dreadful results, RadioShack's management team is nearing the same conclusion. The only people still in the dark are RadioShack shareholders and day traders looking to flip the stock for a quick profit. Don't get sucked into this madness -- RadioShack stock is almost certainly worthless.

Shares of the aging electronic chain have fallen more than percent since Gooch took the reins in May , and were down 0.

Police have arrested one of four people suspected of stealing thousands of dollars worth of cell phones from a RadioShack store. Nicole Elizabeth Ryan and three other people used a distraction technique to steal 36 phones from the Fairgrounds Square Mall store at N. Highway in Muhlenberg Twp. While officers were responding to the store, they were alerted to another distraction theft attempt involving four people at the Radio Shack Store at N.

Radio Shack Giving Away iPhone 5s with iPhone 4s Trade-In

Radio Shack this morning announced two new decade-long contracts to sell Sprint and Cingular phones and service. While the company already sells for Sprint, Radio Shack announced that it will start selling Cingular service and phones in January , after ending Verizon Wireless sales at the end of this year. Apr 19, Motorola today announced four new affordable Android phones coming to the U. These devices are upgrades to last year's iPhone X and feature the same design. Oct 16, Huawei today announced the Mate 10 and Mate 10 Pro, the Chinese company's flagship smartphones heading into the end of the year.

Best 12v 5 Amp Power Supply Radio Shack of 2020 - Top Rated & Reviewed

The company had too many stores that cannibalized revenues from each other and generated losses. RadioShack failed to adapt and stay relevant when most electronics sales shifted online, and the retailer was stuck in brick-and-mortar locations only. The company frequently changed its management and direction for the turnaround. The company made a financial mistake by taking a loan from Salus Capital in that required the lender to close more than stores a year. In , RadioShack operated about 4, stores in North America. However, there were many stores that were located too close to each other. For example, there were 25 stores near Sacramento, California, located within a mile radius, and seven stores within five miles around Brooklawn, New Jersey. With so many stores within close proximity to each other, RadioShack experienced a significant drop in profitability and inventory problems as the store traffic dried up.

Apple: App Store Starts Dec. 13, Radio Shack Cuts iPhone Price

For almost a century RadioShack served electronics enthusiasts as an inexpensive way to buy the goods and parts they needed, from camera accessories and headphone jacks to battery testers and spare power cords for your iPhone. When the company went bankrupt last year, the reaction was shock mingled with a sense of nostalgic sorrow. The media offered all kinds of answers to the mystery of what or who killed Radio Shack, from a bad business model and poor management at the top, to competition from internet suppliers who also killed Circuit City and almost did the same to Best Buy. Even worse, Congress and our own U. Postal Service seem to be holding the murder weapon.

Check Out These Old School Radio Shack Videos [VIDEO]

RadioShack, the struggling year-old electronics retail chain that filed for Chapter 11 bankruptcy last Thursday, may have a fighting chance to recast its business model and thrive again under the banner of wireless phone services company Sprint. Fort Worth, Tex. In an unrelated move, e-commerce giant Amazon has also shown interest in buying some RadioShack locations. Baker Retailing Center. Listen to the podcast at the top of this page. Lawrence Hrebiniak , Wharton emeritus professor of management, was not as optimistic about RadioShack reversing its fortunes. That financing plan, as well as the deal with Standard General, needs bankruptcy court approval. RadioShack had been faltering well before the Salus episode. Over the years, the chain gradually lost the distinction of being a popular hangout for hobbyists and electronics enthusiasts, who were attracted by the parts, manuals and catalogs it carried.

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RadioShack launches no-contract wireless service

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Don't Touch RadioShack Stock: It's Probably Worthless

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RadioShack

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VIDEO ON THEME: Touring an OPEN Radio Shack in 2019!
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