Radioshack

radio-shack-lease-auction

RadioShack to Auction Off 1,700 Store Leases

Bankrupt retailer RadioShack now trading on the pinksheets under the ticker symbol RSHCQ, kicked off the process to auction the leasesof at least 1,700 stores and by that avoid a $7 million hit in rent next month. The company which filed for bankruptcy protection last week had a tentative deal…