Saturday, February 7, 2015

These Are The RadioShack Stores That Are Closing

These Are The RadioShack Stores That Are Closing


Yes, it's true: after somehow clinging on for the last few years, RadioShack is finally, officially bankrupt. But that doesn't mean that every single store will be vanishing — far from it, in fact. There's now a list of all the stores that will be going in the next few months.


RadioShack has around 5,000 stores with its branding worldwide, but as Bloomberg points out, not all of those are going to vanish in the near future, regardless of what happens in the boardroom. Around a thousand of those stores are operated as franchises, which will retain the right to use the RadioShack name for the next few years (whether they want to do that, of course, is a different question). Furthermore, if a rumored deal with Sprint goes through, 1,750 stores will be co-branded as Sprint retail locations and continue to sell gold-plated connectors to unsuspecting pensioners.


One thing that looks certain, however, is the closure of 1,784 stores, as outlined in bankruptcy documents (and noticed by Business Insider). The closures will come in three waves, with the first completed by February 17th, and the latest at the end of March. BI has the full list for your morbid fascination. [Business Insider, Bloomberg]






from Gizmodo http://gizmodo.com/these-are-the-radioshack-stores-that-are-closing-1684433885

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