Radio Shack Closing 20 N.J. Locations

A once-popular retailer in New Jersey is closing hundreds of stores during the next two weeks, including 20 New Jersey locations. And some of these Radio Shacks are also in the process of holding “everything must go” sales.

More than 550 stores across the country — more than a third — are closing this month after the gadget and electronic parts retailer filed for bankruptcy for a second time, according to BusinessInsider.com.

Nearly 190 stores will close immediately and another 365 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.

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 New Jersey stores will close:

• 147 Haddon Ave, Westmont
• Harrison Plaza 416 Bergen St, Harrison
• Blueberry Crossing 240 S White Horse Pike, Hammonton
• Medford Shopping Center 176 Route 70, Medford
• 486 Brick Blvd, Bricktown
• Whitehouse Mall 531 Route 22 East, Whitehouse Station
• Roselle Plaza Shopping Center, 711 E 1st Avenue, Roselle
• Collegetown Shopping Center, 775 N Delsea Dr, Glassboro
• Roebling Market, 635 S Clinton Ave, Trenton
• West Grove Square, 67 S Main St, Neptune
• Rio Grande Plaza, 1500 Route 47 South, Rio Grande
• 489 Broadway, Bayonne
• Clifton Ave Shopping Center, 179 E Kennedy Blvd, Lakewood
• Ventnor Plaza Shopping Center, 5016 Wellington Ave, Ventnor City
• Old Bridge Shopping Center, 259 New Road, Somers Point
• Bloomfield Plaza, 135 Bloomfield Ave, Bloomfield
• Elmwood Park Shopping Center, 100 Broadway, Elmwood Park
• Edgewater Place, 517 River Road, Edgewater
• 22 Lexington Ave, Passaic
• Market St, 168 Market St, Paterson

Story by Tony Schinella, Patch staff

AP Photo/John Raoux