RadioShack could close 1,100 stores - WKOW 27: Madison, WI Breaking News, Weather and Sports

RadioShack could close 1,100 stores

Posted: Updated:
FORT WORTH, TX (WKOW) -- RadioShack has fallen on hard times.

It may close up to 1,100 stores.

That's nearly 20% of the company's locations.

RadioShack's sales dropped nearly 20% last year.

There's no word at this point on which stores may close.

RadioShack released a statement saying, "We are not releasing a store closing list at this time.  However, RadioShack will maintain market coverage as part of this plan, with more than 4,000 U.S. stores in the RadioShack footprint. We will have information to share in the future."

The electronics retailer has 5 locations in Madison.

Powered by WorldNow
All content © Copyright 2000 - 2014 WorldNow and WKOW. All Rights Reserved.
For more information on this site, please read our Privacy Policy and Terms of Service and Mobile Privacy Policy & Terms of Service.

Persons with disabilities who need assistance with issues relating to the content of this station's public inspection file should contact Anna Engelhart at 608-661-2767. Questions or concerns relating to the accessibility of the FCC's online public file system should be directed to the FCC at 888-225-5322, at 888-835-5322 (TTY) or at fccinfo@fcc.gov.