Troubled electronics retailer RadioShack Corp. said that it may need to file for bankruptcy if its cash situation worsens, after reporting its tenth straight quarterly loss, Reuters reported today. The company is also exploring other options, including a sale or an investment, to overhaul its balance sheet, it said in a regulatory filing today. RadioShack, whose sales have been in a free-fall since 2010, said that it was working with its lenders and landlords to restructure its debt and cut costs. The company raised doubts about its ability to continue as a going concern and said it may have to liquidate as a last resort.
