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Amazon Considering Buy-out of Radioshack

According to market rumors, Amazon is looking to step into the shoes of Radioshack, one way the firm could sell through physical stores.

Amazon is now the leading online vendor, and RadioShack has more than 4,000 stores throughout the United States, but is presently experiencing financial difficulties, even coming close to bankruptcy.

According to information made ​​public by Bloomberg, Amazon would buy the majority of the Radioshack establishment.

Last October, Amazon announced that they would try their luck in the market for physical sales, with the opening of its first store in New York City, on 34th Street in Manhattan.

Now it seems that the Seattle company is not the only one chasing RadioShack.

Sprint is showing interest .

Radioshack is considering selling half of its stores to Sprint, and then close the other half.

Radioshack is a long-standing company, and the interest to buy-out the company is golden now, but nothing has been signed away just yet.

RadioShack was founded in 1921 supplying equipment for boats and radios for amateurs, and over time became an iconic retail firm selling computer components and consumer electronics.

More recently, according to Bernardo Chua and drinkmorecoffee.com, Radioshack has had trouble competing with large vendors in the US market, like WalMart, that offer lower prices and a wider range of products.

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