Friday, February 6, 2015

Which RadioShack Stores Are Slated to Close in Bankruptcy?




Getty Images



RadioShack’s long-awaited bankruptcy brought some good news for fans of the electronics seller—1,750 RadioShack stores are likely to stay alive and become co-branded Sprint stores.


But that plan, if successful, still means the rest of RadioShack’s roughly 4,000 stores will shut their doors.


Will the massive restructuring affect your neighborhood store? Check out this list from RadioShack to find out.


Dubbed a “potential store closure list,” the tally includes 1,784 locations from around the country. By the looks of it, no region has been spared. (Check out this interactive map from WSJ of the stores getting shut down.)


Even before the Chapter 11 filing, RadioShack landlords were preparing to feel the burn of the store closures. As the WSJ recently reported, RadioShack’s dense store network more closely resembles that of a drugstore chain than an electronics retailer. Its number of stores surpasses those of other major retailers to file for bankruptcy in recent years, including Kmart Corp., which had about 2,100 stores when it filed for Chapter 11 in 2002, and movie-rental chain Blockbuster Inc., with roughly 3,300 stores when it filed in 2010.


RadioShack shoppers, how will you remember the company? Head over to WSJ’s Corporate Intelligence blog and let us know.


Write to Sara Randazzo at sara.randazzo@wsj.com. Follow her on Twitter at @sara_randazzo






from WordPress http://ift.tt/16sNobJ

via IFTTT

No comments:

Post a Comment