Radio Silence: What Radio Shack’s bankruptcy means for the retail real estate landscape

Since opening its doors in 1921, Radio Shack has been known as a mecca for electronics enthusiasts. That is, however, until the mobile and gaming industry took off. While Radio Shack stayed wedded to electronics, consumers had more options to fulfill their appetites for gadgets and services. Fast-forward to February 5, 2015: Radio Shack announced that it will file Chapter 11 Bankruptcy and unplug the 4,000 stores across the United States. This announcement, and the immediate store liquidations as The Wall Street Journal reported, has raised a lot of questions for the real estate industry.