Business & Tech

Radio Shack Closings: 14 Illinois Locations Shuttering

Is your local store on the chopping block?

A once-popular gadget and electronic parts retailer is closing more than a dozen Illinois stores after filing for bankruptcy for the second time.

A total of 552 Radio Shack stores — more than a third of the company's total stores — are closing this month, according to BusinessInsider.com.

Nearly 190 stores will close immediately and another 365, which are holding "everything must go" liquidation sales, will close by April. Another 1,000 stores will remain on an evaluation list to see if they remain viable. The report noted that the stores that were closing “reflected the lowest sales velocity and highest rent” within the company.

Find out what's happening in Chicagofor free with the latest updates from Patch.

The announcement comes just two years after the company closed around 1,800 stores in a restructuring effort after posting hundreds of millions of dollars in losses. The company closed more than 1,000 stores in 2014 after posting sales losses in 2012 and 2013. At that time, the company had around 4,300 stores.

According to Business Insider, the following Illinois stores will close:

Find out what's happening in Chicagofor free with the latest updates from Patch.

  • 19 Crystal Lake Plaza, Crystal Lake
  • 1191 S Elmhurst Rd, Des Plaines
  • 843 E Rollins Rd, Round Lake Beach
  • 2565 Sycamore Rd, Dekalb
  • Woodfield Mall, Schaumburg
  • 21182S La Grange Rd, Frankfort
  • 535 S La Grange Rd, La Grange
  • Willowbrook Plaza 6944 Kingery Hwy, Willowbrook
  • Rock River Plaza 3925 41St Ave Dr, Moline
  • Fairview Park Plaza, 1055 W Broadway, Centralia
  • Gladstone Corners, 5316 N Milwaukee Ave, Chicago
  • Ashland Plaza, 3150 S Ashland Ave, Chicago
  • 5791 Belleville Crossing, Belleville
  • Aurora Commons, 1272 N Lake St, Aurora

Story by Tony Schinella, Patch staff


AP Photo/John Raoux

Get more local news delivered straight to your inbox. Sign up for free Patch newsletters and alerts.