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SDNews.com
Home La Jolla Village News

La Jolla RadioShacks closing amid bankruptcy

Tech by Tech
February 9, 2015
in La Jolla Village News
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La Jolla RadioShacks closing amid bankruptcy

Eight of the 34 RadioShack stores in San Diego County, including two franchises in La Jolla,
will be closed as part of the fallout from the struggling electronics retailer’s bankruptcy filing, according to a list released Feb. 9. Nearly 1,800 outlets will be shut down nationwide, while the rest of RadioShack’s stores — roughly 2,200 — will be sold to wireless carrier Sprint and a hedge fund that was the 95-year-old company’s biggest investor. The affected La Jolla stores are located at 8849 Villa La Jolla and 915 Pearl St. Others are in Carmel Mountain Ranch, Chula Vista, La Mesa, Murphy Canyon Rancho Bernardo and Santee. RadioShack has suffered financial losses in 11 of its past 12 quarters.

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