Radio Shack Mulls Bankruptcy: Report

radio shackCNN — Radio Shack could be filing for bankruptcy as soon as next month.

The Wall Street Journal reports the struggling electronics retailer is considering that option, although so far the company has not responded to the report.

Meanwhile, Radio Shack has until Thursday to come up with $100 dollars in cash and available credit to prevent its creditors from pulling its long-term financing with the company.

As of January 2015, Radio Shack has more than 5,000 stores.