STORE CLOSINGS: RadioShack reportedly filing bankruptcy

RadioShack is preparing to file for bankruptcy, according to reports, and an additional 200 stores will close as part of the restructuring.

General Wireless Operations, the parent company of RadioShack, is in the process of restructuring the electronics retail company. This is the second time in two years that RadioShack has filed bankruptcy, according to reports from the Wall Street Journal.

» STORE CLOSURES: 9 retailers closing stores nationwide this year

The report found that more RadioShack locations could close if Sprint ends leases for its “stores within stores” at locations across the U.S.

There are three Radio Shack locations in Greenville, Huber Heights and Kettering. This news organization made calls to those stores, and workers told us the locations are not closing.

FIVE FAST BUSINESS READS

• New travel, insurance center opens in Beavercreek

• 5 things to know about drinking water and lead pipes in Dayton

• Wapakoneta residents voice concern over greenhouse lighting

• Dog food, cheese, butter: 3 recalls to know about today

• hhgregg closing 4 Ohio locations, including area store

In Other News

Party City closing all stores after nearly 40 years in business

Big Lots to close all of its local, national stores: Sales to start...

WOMEN IN BUSINESS: Kelly Gray, Hot Head Franchising dba Hot Head...

UnitedHealthcare CEO’s killing brings increased scrutiny on security...

Amazon plans $23B investment in data centers across Ohio by 2030