By Gary Lloyd
TRUSSVILLE — RadioShack is planning to close up to 1,100 underperforming stores in the United States, but the company is not disclosing which stores are being closed.
“We are not releasing a store closing list at this time,” according to a statement provided by RadioShack Media Relations. “However, RadioShack will maintain market coverage as part of this plan, with more than 4,000 U.S. stores in the RadioShack footprint. We will have information to share in the future.”
“Over the past few months, we have undertaken a comprehensive review of our portfolio from many angles – location, area demographics, lease life and financial performance – in order to consolidate our store base into fewer locations while maintaining a strong presence in each market,” said RadioShack CEO Joseph C. Magnacca. “The result of that review is our plan to close up to 1,100 underperforming stores.”
The RadioShack in Trussville was robbed at gunpoint Feb. 13. Two black male suspects made away with about 0 in cash and four iPhones. The Trussville Police Department on Feb. 24 arrested a robbery suspect, 22-year-old Victrick Laray Jones Cooper, of Center Point, but it is not clear if he is a suspect in the RadioShack robbery case.
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