RadioShack suddenly closed more than 1,000 stores — and now only a handful remain

pulse

May 31, 2017 10:55 PM

RadioShack closed 1,000 stores this weekend, and now has just 70 company-owned stores left in operation.

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RadioShack closed more than 1,000 stores over the weekend, leaving the chain with just 70 company-owned stores left in operation.

The 96-year-old electronics retailer shut down most of its stores just two months after filing for Chapter 11 bankruptcy protection.

At the time of the filing, RadioShack parent company General Wireless Operations said the chain would close 200 of its 1,500 company-owned stores. A few weeks later, that number grew to 552 closures.

Now, after the weekend's mass closures, just 70 company-owned stores remain in operation, along with 425 stores owned by franchisees.

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