Bankrupt RadioShack to close more than 60 stores in Pa

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Tech Report Radioshack in the 21st Century

RadioShack has identified 63 Pennsylvania stores among the 1,784 locations scheduled for closure across the country as the 94-year-old consumer electronics chain restructures in bankruptcy.   That list includes stores at York County’s Galleria Mall, Newberry Pointe Shopping Center in Etters, S Lancaster’s Park City Center, at the Berkshire Mall, Berks County, at the Susquehanna Valley Mall in Selingsgrove, and a store in State College. Going out of business sales began last Friday.

See interactive map of all RadioShack store closings

The company is in agreement to sell 1,500 to 2,400 of its locations to a unit of Standard General LP, its biggest shareholder. Standard General in turn has a deal with wireless carrier Sprint to set up stores-within-stores at as many as 1,750 locations. The rest will be closed under a deal with a liquidator, Hilco Merchant Resources.  RadioShack employs about 21,000 people, full- and part-time.

 

 

1 Comment

  • OneMan'sOpinion

    The end of an era, as now technological and electronic innovations are sold everywhere, including Rutter’s.

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