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RadioShack to close up to 1,100 US stores

from The New York Times

There will soon be about 1,100 fewer places to buy batteries. RadioShack recently said that it plans to close up to 1,100 stores, or about a fifth of its U.S. locations. The news came as the retailer reported a wider quarterly loss after a disappointing holiday season. Its stock tumbled 16 percent in afternoon trading. more

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