Classic Hits 103.9 WLPO

News from the Illinois Valley

Peru and Ottawa RadioShacks on the list of possible closures

Posted by wlpo on February 6, 2015

A technology store that has been in the Peru Mall for years could be one of many closing. RadioShack announced Thursday that it had filed for Chapter 11 Bankruptcy protection.

The chain has 4,000 stores in the Unite States. A long list of possible closures includes a store in Ottawa and many others Illinois. The company wants to sell as many assets as possibly.

As many as 1,700 stores would remain open thanks to Sprint. The mobile phone company thinks it would be a way to be more competitive with Verizon, AT&T and other cell phone services.

Sorry, the comment form is closed at this time.

%d bloggers like this: