Business & Tech
Foothill Ranch RadioShack One of Nearly 1,800 to Close
The remaining RadioShacks nationwide have been sold to a competitor.

The the Foothill Ranch RadioShack is one of Dozens of RadioShack stores in Los Angeles and Orange counties that will be closed as part of the fallout from the struggling electronics retailer’s bankruptcy filing, according to a list released today.
Nearly 1,800 outlets will be shut down nationwide, while the rest of RadioShack’s stores -- roughly 2,200 -- will be sold to wireless carrier Sprint and a hedge fund that was the 95-year-old company’s biggest investor.
Among those on the closure list are stores at Tustin Marketplace, the Fountain Valley Promenade and the Foothill Ranch location.
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RadioShack has suffered financial losses in 11 of its past 12 quarters.
- City News Service
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