RadioShack will close 35 Maryland stores by March 31, including 15 in the Baltimore area, as part of the retailer's Chapter 11 bankruptcy filing.
The Fort Worth, Texas-based electronics chain announced the bankruptcy last week, saying it would sell up to 2,400 U.S. stores but close the rest of the 4,000 U.S. locations. The company plans to sell the stores to General Wireless, a subsidiary of Standard General, RadioShack's largest shareholder. Sprint could open mini-shops in as many as 1,760 of the acquired RadioShack stores.
RadioShack has nearly 100 stores in Maryland, including 38 in the Baltimore region with seven of those in malls, according to the retailer's website.
Bankruptcy filings show plans to close one group of stores by Feb. 17, including one on Washington Boulevard. Stores to be closed by Feb. 28 include locations in Owings Mills, Towson, Glen Burnie, Columbia, Reisterstown, Westminster, Woodlawn, Annapolis and on 41st Street in Baltimore.
The last wave of stores is scheduled to be shut down by the end of March, including city locations on Sinclair Lane, Boston Street and Mondawmin Mall.