Radio Shack to close 200 more stores - kotanow.com- Scottsbluff Area News, Sports, and Weather

Radio Shack to close 200 more stores

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One national retailer is closing more of it's stores thanks to a downturn in consumer electronics.

Radio Shack has announced they will close 200 more stores. In March the company said it would close as many as 1,100 shops, but lenders limited the closures to 200.

Locations that will close have not yet been identified. The location in Scottsbluff is currently open.

The company says that it will focus instead on re-branding.

When the announcement was made, shares of Radio Shack plunged more than 13%.
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