When RadioShack Goes Out of Business, 3 New Businesses Will Emerge

TheStreet

RadioShack is in many respects no longer in business. In fact, the U.S. population has basically voiced that same opinion in the last five years, as seen in the complete evaporation of RadioShack's sales, profits, and liquidity. According to CEO of Belus Capital Advisors Brian Sozzi, a mall owner such as Simon Property Group and Vornado, or a commercial real estate owner of strip malls, while collecting hard earned rent from RadioShack should be pondering as to what will go into 4,000 plus closed small electronics stores. Property holders will have a rare opportunity to shape the mall of the future, and serve the local community in new ways, by RadioShack officially closing up shop across the country. Sozzi shares his three creative ideas.