Will Sell Up to 2,400 Stores
List of proposed stores to close here. Thanks N8!
Story by the Associated Press; curated by Oliver Darcy.
NEW YORK (AP) — Struggling electronics retailer RadioShack has filed for Chapter 11 bankruptcy protection and says it will sell up to 2,400 stores.
The Fort Worth, Texas company has suffered from years of losses.
RadioShack Corp. introduced the first mass-market personal computer and used to be the go-to stop for consumers’ home electronics needs. But it struggled as shoppers increasingly shifted to making purchases online and growth in its wireless business slowed.