50 Chicago area Radio Shack stores closing
About 50 Radio Shack stores in the Chicago area began going out of business sales Friday after the company's bankruptcy filing.
"I came here to get a battery for my telephone," David Glass, 85, of Des Plaines said Saturday outside the Radio Shack store on Lee Street in that city.
He said he has been going to the store off and on for about 30 years and has gotten good deals there. But stores close all the time and he won't particularly miss it, he added.
Among the stores closing are ones in Algonquin, Antioch, Batavia, Bloomingdale, Bolingbrook, Des Plaines, Downers Grove, Elk Grove Village, Glenview, Glen Ellyn, two in Gurnee, Lake Zurich, Lombard, Mundelein, Naperville, Niles, Villa Park, West Dundee and Wheaton.
Under the restructuring plan, up to 1,750 of 4,000 RadioShack-controlled stores would stay open under Sprint ownership, with the phone carrier using 600 square feet as "stores-within-stores" to show off Sprint-branded phones and other products.
More than 1,000 franchised RadioShack locations around the world would be virtually untouched.
• Bloomberg News contributed to this report.