A New York hedge fund taking more than 1,700 RadioShack stores out of bankruptcy named former Dell Inc. executive Ron Garriques to oversee the electronics chain’s plan to return to profitability, the Wall Street Journal reported today. Garriques will join the company, being run by Standard General LP, after having worked several years at Dell Inc., where he was in charge of its communications and consumer divisions. He also held posts at Motorola Inc. and Bell Labs. Standard General Managing Partner Soohyung Kim outlined the plan to keep a slimmed-down chain open for business after a bankruptcy court approved its plan to take over the stores. Most locations that survived liquidation will carve out space for Sprint Corp., which has been seeking to grow its retail footprint, to operate its own wireless stores. Other stores will focus on prepaid phones.
