Fulton Street Radio Shacks Will Close By March 31
As part of their bankruptcy proceedings, Radio Shack will close at least 1,784 stores by March 31 — including 14 in Brooklyn, among which are the ones in Downtown Brooklyn and Bed-Stuy.
Specifically, the Radio Shacks at 457 Fulton Street (near Jay Street) and 1232 Fulton Street (between Nostrand and Bedford Avenues) are slated to close by Tuesday, March 31.
Other Brooklyn Radio Shacks scheduled to shutter includes ones in Crown Heights, East Williamsburg, Canarsie, Midwood, Bensonhurst, Sheepshead Bay and Brighton Beach.
Overall, 162 stores nationwide have already closed as of Tuesday, February 17, and the second wave will shutter 986 stores, while the third/final wave will shutter 636 stores.
Radio Shack filed for bankruptcy on February 5 as part of its deal with hedge fund Standard General to sell them up to 2,400 of their stores, while closing thousands more.
According to Business Insider, of those stores sold to new ownership,
Standard General’s affiliate, General Wellness, has also reached an agreement with Sprint to, “establish a new dedicated mobility ‘store within a store’ retail presence in up to 1,750 of the acquired stores.”
Will you miss these Shacks? What would you like to see in their place?
Here’s the full list of stores to be closed: