Radio Shack in Canada ended up in a similar situation. In 2005, they sold to Circuit City and opened as a rebranded store called "The Source" (after a brief legal dispute about the Radio Shack name).
When Circuit City went bankrupt in 2009, they sold the chain to Bell Canada (our version of Sprint or Verizon).
When Circuit City went bankrupt in 2009, they sold the chain to Bell Canada (our version of Sprint or Verizon).