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

RadioShack could close 1,100 stores

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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.

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