The RadioShack store in Oak Ridge is reported to be closing. There is a “Store Closing” sign posted at the front of the store, and many items have been on sale.
The most current information we have is that the store could close later this month, although we have not been able to confirm that. RadioShack has not returned requests for comment this week.
RadioShack, an electronics convenience store, announced March 8 that it had filed for bankruptcy. At that time, the company said it was closing about 200 stores and evaluating options on the other 1,300.
“The company and its advisors are currently exploring all available strategic alternatives to maximize value for creditors, including the possibility of keeping stores open on an ongoing basis,” a March press release said. [Read more…]