F.C. RadioShack May Remain Open After All

While RadioShack Corp has already closed hundreds of its retail stores due to its bankruptcy filed in February, approximately 1,700 of them will remain in operation co-branded with Sprint Corp. as a result of its acquisition by its biggest shareholder, Standard General LP for about $145.5 million. The stores employ more than 7,000 people. Approximately 160 stores were previously sold to Sprint Mobile, a unit of GameStop Corp., and will be rebranded.

Radio Shack entered bankruptcy in February with more than 4,000 stores, $1.2 billion in assets and almost $1.4 billion in debt. Four stores remain within five miles of Falls Church (locations in McLean, Arlington, Annandale, Baileys Crossroads.)

A final determination about which stores will remain open has not yet been announced. For more information, visit radioshack.com.

Recent News

Facebook
Twitter
LinkedIn
On Key

Stories that may interest you

News & Notes 12-25-2025

Unemployment Lurches in Falls Church & N. Va. Region September jobs data delayed by the federal government shutdown show a whopping 54 percent year-over-year increase in Falls Church residents reported

A Penny for Your Thoughts 12-25-2025

Humanity, empathy, elegance, in word and deed – all attributes one would wish to have in an American president.  For the most part, modern presidents have exemplified at least some

Our Man In Arlington 12-25-2025

The most consequential event that impacted Arlington was the inauguration of Donald Trump as our 47th president on January 20, followed by his numerous executive orders, and a torrent of

Support Local News!

For Information on Advertising:

Legitimate news organizations need grass roots support like never before, and that includes your Falls Church News-Press. For more than 33 years, your News-Press has kept its readers informed and enlightened. We can’t continue without the support of our readers. This means YOU! Please step up in these challenging times to support the news source you are reading right now!