“It’s a move many have predicted for some time: RadioShack is probably going to file for bankruptcy protection.
According to a Wall Street Journal report citing unnamed sources, the cash-poor retailer could submit its filing as soon as February 2015. A RadioShack spokesperson e-mailed Ars to say, “We decline to comment except to say that RadioShack has not confirmed any of the information that is being reported.” The Texas-based firm did not deny the Journal’s report, however.
Bankruptcy protection wouldn’t necessarily mean that RadioShack intends to go out of business. Rather, it would mean RadioShack would be given a certain period of time to rebuild itself and shield itself from creditors.”
On the positive side, I’ve heard from several readers that they’ve found deals at RadioShack on radios and components/soldering equipment recently. If you have a RadioShack near you, check in frequently.