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RadioShack Supplier Declined to Help Rescue Effort

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RadioShack Corp. has tried — unsuccessfully so far — to convince a major supplier to alter its terms as the struggling electronics retailer works to avoid a bankruptcy filing, the Wall Street Journal reported today. The company, which disclosed the effort in a securities filing yesterday, didn't name the vendor or spell out the issues under discussion. But it has been in talks with wireless carriers including AT&T Inc. and Sprint Corp. to ease the terms under which they provide equipment that RadioShack resells. The talks with the supplier haven't borne fruit but are continuing, the company said in the filing. RadioShack warned earlier this month that it was quickly running low on cash and could be forced to seek bankruptcy protection soon if it can't find a refinancing option.