General Wireless Operations Inc., which set out to revive RadioShack, the venerable consumer-electronics chain, filed for bankruptcy after a last-ditch effort to co-brand with Sprint Corp. still failed to keep up with changing consumer habits, Bloomberg News reported yesterday. General Wireless filed for chapter 11 protection on Wednesday in U.S. Bankruptcy court in Delaware. It listed assets and liabilities of $100 million to $500 million each. The company was contrived to help the RadioShack name live on following the original chain’s 2015 bankruptcy filing and had joined forces with Sprint to run a store-within-a-store partnership. But pressures on the business persisted, including sluggish foot traffic at shopping centers and a shift to e-commerce. General Wireless said that it will close 200 of its 1,300 stores.
