By in Business

America Is Great - Unemployment Is Down While Radio Shack Closes 1,784 Store Locations

The United States is doing so great that Radio Shack has announced for California alone a list of 175 store locations that will be closing March 31, 2015. Mind you, that is just California. The actual total stores that the chain will be closing is 1,784.

It is so great that it will literally impact stores in almost every state. Chris Isidore and Greg Wallace from KCRA 3 report that Radio Shack is "over saturated in many markets." Well, I don't know about that because the retail chain has actually been dwindling over time as the choice store for electronics. The public is looking to places such as Best Buy for their purchases.

Let's not forget how great it will be that Radio Shack will putting an undisclosed amount of employees out of work in March. How fun will that be? "Let's go file bankruptcy," they said. That they did and at the time they had 21,000 employees on hourly wages. Oh boy, wait until those employees have to go tell their children that mommy/daddy no longer have a job and will be able to spend a lot of time with them. That will be a blast for the children.

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Comments

SoundNFury wrote on February 9, 2015, 4:18 PM

I wondered for years how Radio Shack managed to stay open. There are quite a bit of locations and often, hardly anyone in the stores. Sad though.

j2jworkz wrote on February 9, 2015, 4:27 PM

Joining Borders, Blockbusters and a host of other chains which have saddly added to the unemployment picture.

CountryWine wrote on February 9, 2015, 4:52 PM

Where I live, I know of three store locations that are within reach. It is in almost every neighborhood still even with his cut back they are doing. I actually went and shopped there earlier this year because I wanted a case for my tablet with a keyboard. It wasn't cheap but it's a good one.

CountryWine wrote on February 9, 2015, 4:55 PM

Those two you are mentioning, Borders and Blockbuster, were the best! I used to love going to Borders. I hated it when Barnes and Noble moved ahead of them. You can still get a Blockbuster account online and it's so much better than the selection that Netflix has.

I wish people in politics counting numbers would stop saying that the unemployment rate is down because it isn't true. This is just further proof.

j2jworkz wrote on February 9, 2015, 6:09 PM

I used to moonlight at Borders at night and the weekends; I can tell you that all of my co workers were working two jobs; a full time and part time. The UE figures do not reflect reality. But I do Miss Borders :)

CountryWine wrote on February 9, 2015, 6:55 PM

They just had the best atmosphere when in their store.

j2jworkz wrote on February 9, 2015, 7:04 PM

It was part of the charm in the prime days of borders, we had a fun eclectic crowd of employees and customers..

CountryWine wrote on February 10, 2015, 6:00 AM

Yes, that was it. I was a little more open back then too so I didn't mind going often.

motrojam wrote on February 11, 2015, 7:22 AM

That is just sad to read about a lot of families about to struggle because of their closing some shops.

CountryWine wrote on February 12, 2015, 2:07 PM

Those in corporate position won't be able to keep earning their high salary either when they start applying in other places.