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Robert Silva

Radio Shack May Close Up To 500 Stores

By February 4, 2014

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Dateline: 02/04/2014
Despite executing a makeover in store design and product offerings (including its own CES 2014 Innovations Award Winning Sound Bar), it appears the Radio Shack is planning to close up to 500 of its 4500 store locations, possibly both inside and outside the U.S.

What is ironic is that its 2014 Super Bowl commercial has gotten good reviews, and the stock price went up the next day, before word of the store closures was indicated.

For all the details known so far, read the report by the Consumerist. An actual list of locations targeted for closure may be forthcoming.

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