Radio Shack Closing 17 Pennsylvania Stores

Radio Shack, the gadget and electronic parts retailer, is closing hundreds of stores over the next two weeks, including 17 Pennsylvania locations. Many of the stores are already 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 company 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 Pennsylvania stores will close:

• 2000 Wharton 2000 Wharton St, Pittsburgh
• 3927 Washington Road, Mcmurray
• Cranberry Mall, Cranberry Township
• Hermitage Crossing 1037 N Hermitage Rd, Hermitage
• Warren Commons 2817 Market St, Warren
• Clearfield Mall 1800 Daisy St, Clearfield
• 2266 Wilkes Barre Twp Mkt, Wilkes Barre
• Wind Gap Plaza 812 Male Rd, Wind Gap
• Shops At Northampton 1040A Second St Pike, Richboro
• 1 East Trenton Ave, Morrisville
• Brentwood Shoppes 225 N Pottstown Pike, Exton
• Brentwood Towne Square, 362 Towne Square Way, Pittsburgh
• Penn Hills Shopping Center, 11630 Keleket Drive, Pittsburgh
• Banksville Plaza Shopping Center, 3139 Banksville Rd, Garden City Park
• Waterworks, 961 Freeport Rd, Pittsburgh
• 110 5th Ave, Pittsburgh
• 3606 Forbes Ave, Pittsburgh

Story by Tony Schinella, Patch staff

AP Photo/John Raoux