Skip to main content
  1. Arts & Entertainment
  2. Celebrity

500 Radio Shack stores closing: Locations yet to be announced

See also

500 Radio Shack stores will be closing in the next few months. Consumerist reported Feb. 4 that no specific locations or regions have been revealed on which of the 4,500 stores will close down.

The closures are intended to "re-open in higher-traffic areas, thus leaving the total number of stores the same," according to the report. They noted that the Wall Street Journal published a report stating that the closures are thought to be "more permanent."

Radio Shack is $625 million in debt. They have $835 million in loans to get themselves out of being so deep in the red. Part of the reason for 500 Radio Shack stores closing has to do with their "dated" image and merchandise being replaced by high-tech smartphones. Amazon has also dropped their partnership with Radio Shack last September.

Is the fact that 500 Radio Shack stores are closing mean more will shut down over time?


Arts & Entertainment

  • Ted Nugent
    Ted Nugent concert at Native American casino canceled because of obvious reasons
  • Fifty Shades of Grey
    The first 'Fifty Shades of Grey' trailer has been released, leaving fans wanting more
    Movies Buzz
  • Music festivals
    150 years of major American music festivals are rooted in Rhode Island
    17 Photos
  • Billy Corgan
    Billy Corgan receives Vanguard Awards at AMPAs in Cleveland
    13 Photos
  • Celebrity tattoos
    We're not sure what some of these celebrities were thinking when they decided to get inked
    23 Photos
  • John Stamos
    John Stamos talks about love, life and being tired of Uncle Jesse
    Today's Buzz