RadioShack has reached agreement with U.S. states over the sale of customer data, by consenting to limit the number of email addresses to be sold, and giving customers the opportunity to be removed from the list.
The U.S. Federal Trade Commission has weighed in on the contentious issue of the proposed sale of consumer data by bankrupt retailer RadioShack, recommending that a model be adopted based on a settlement the agency reached with a failed online toy retailer.
RadioShack will press on with its plan to sell its customer data, despite opposition from a number of U.S. states.
Sprint on Friday will open retail operations in 1,435 RadioShack stores that were recently acquired by General Wireless as a result of a RadioShack bankruptcy action.
The dispute between U.S. states and RadioShack over the sale of customer information continues, and the state of Texas has requested a bankruptcy court to ask RadioShack to specify in any motion for sale what information would be included and the number of people likely to be affected.
Several state consumer protection agencies in the U.S. have joined the state of Texas in objecting in bankruptcy court to the proposed sale by RadioShack of personal information of its customers.
New York's Attorney General says his office will take "appropriate action" if personal data on millions of RadioShack customers is handed over as part of a just-concluded bankruptcy sale.
Once the store of do-it-yourself electronics innovators, Radio Shack is reportedly in talks with Sprint to whom it would sell half of its retail locations and then close the rest.
The U.S. Congress needs to consider alternatives to a Senate-passed bill that would require online retailers to collect sales tax based on the location of their customers, the chairman of the House of Representatives Judiciary Committee said Wednesday.
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