RadioShack in Bartlett is among six Memphis-area locations to be closed as part of the company’s Chapter 11 bankruptcy, filed on Feb. 5.
The “Potential store closure list” released on Feb. 6 included 162 of RadioShack’s stores. Those from the Memphis area are:
- Store 8455 in Bartlett (6045 Stage Road, Suite 66)
- Store 4748 at Wolfchase Galleria in Memphis (2760 N. Germantown Road, No. 286)
- Store 8459 at Trinity Commons in Cordova (714 Germantown Pkwy. No. 21)
- Store 9369 in Collierville (694 W. Poplar Ave.)
- Store 6620 at Polo Shops in Memphis (7464 Winchester Rd., Ste 109)
- Store 8452 at Whitehaven Plaza in Memphis (4082 Elvis Presley Blvd.)
The senior manager for the Bartlett store had no comment other than to echo the message from the corporation’s restructuring hotline at (844) 794-3477, which says that, at the moment, “Radioshack is open for business and serving customers.”
General Wireless Inc. has agreed to acquire 1,500 to 2,400 of the U.S. company-owned RadioShack stores. and has agreed in principle on terms with Sprint to establish a new dedicated mobility “store within a store” retail presence in up to 1,750 of the acquired stores.
RadioShack currently has approximately 4,000 company-owned stores in the U.S. Its more than 1,000 dealer franchise stores in 25 countries, the stores operated by its Mexican subsidiary, and its Asiaoperations are not included in the Chapter 11 filing. Discussions are underway with interested parties to sell all of the company’s remaining assets.
I was a Radio Shack Manager years ago, I worked 6 Days a week, 12 to 14 hours a day, and made $400.00 per month before taxes.
Two years ago I stopped by the Bartlett Store and asked the salesman if the Company was still owned by Tandy Corp ,Out of Fort Worth, Texas.
The reply that I received as ” I don’t know who owns this place ” — With a laugh I said you don’t really care either do you?—The reply came back ” No, why should I “—
My point here is that your employees can put you out of business along with improper management.
Sincerely,
Jim Hartsfield/Bartlett, TN