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Old 02-21-2013, 07:16 AM   #41
BWinmill
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Join Date: Sep 2011
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Quote:
Originally Posted by tubemonkey View Post
The idea is to not save RS, but to turn the locations into Amazon stores.
If the situation is that bad for RadioShack, why would Amazon want to inherit its problems? Buying a company means inheriting the contractual obligations of that company. They would get leases to properties that aren't necessarily profitable. They would have to fulfil or terminate contracts with suppliers. They would have to deal with labour laws while letting go of employees. Things like debts don't disappear. There is also the necessity of getting rid of unneeded assets. (To give an example: I was able to get some dirt cheap electronics components a few years ago when RadioShack Canada was let go. I'm talking about pennies on the dollar. Same could be said for properties in depressed areas.) The list could probably go on.
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