Claremont Radio Shack to Close

radio shackPersonnel at the Claremont Radio Shack confirmed the store would be closing. They are currently having a blow out inventory sale. The Texas based company closed more than half of its 4,000 stores when it filed for Chapter 11 bankruptcy protection in February 2015. In the three years leading up to the bankruptcy, RadioShack posted losses that totaled $1 billion and double-digit percent sales declines. Radio Shack follows Staples and K-Mart in closing of their Claremont Stores.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s