Dive Brief:

• Electronics retailer RadioShack closed Friday at 92 cents, a depressing milestone for a retailer that has struggled to turn itself around.

• The retailer could face a delisting from New York Stock Exchange if the price remains below a dollar for 30 consecutive days.

• Many observers say bankruptcy is a likely and logical move for the retailer, which has been thwarted in its turnaround efforts by its lenders, who haven't allowed it to close the number of stores it says it must to save money.

Dive Insight:

When RadioShack's lenders stepped in the way of its plans to close underperforming stores, the retailer lost one of its most effective ways of saving money. In general, the electronics retail sector is a weak one, with fewer people having the need for new smartphones or other big-ticket items. The retailer has kept a sense of humor about its efforts, but its situation is starting to look pretty grave.