Friday, February 6, 2015

IS ROCKVILLE'S RADIO SHACK ON THE LIST OF STORES TO CLOSE?

The bankruptcy filing of Radio Shack has coincided with an agreement the struggling company reached with General Wireless, which will acquire up to 2400 of the electronics retailer's stores. According to a Radio Shack press release, Sprint will operate a "store within a store" inside up to 1750 of the stores GW takes over.

But what about the rest of Radio Shack's 4000 company-owned bricks-and-mortar outlets, including the one in Rockville?

The company says the Rockville store is indeed on the chopping block at the moment, and that is the Radio Shack at 1600 Rockville Pike.

Radio Shack says the Rockville location is one of the 1600 stores it will "potentially" close, but they are not saying when. What they have confirmed is that stores closing will have to sell off their remaining inventory.

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