Daily News: February 9, 2015

Hilco, Gordon Brothers, Tiger in JV to Close RadioShack Stores

RadioShack store closing sales started Friday, February 6, 2015, at more than 1,700 locations throughout the country. RadioShack, which filed for Chapter 11 bankruptcy protection, has engaged a joint venture comprising Hilco Merchant Resources, Gordon Brothers Group and Tiger Capital Group to manage its store closing process.

Discounts of up to 50% off original prices are being offered at all closing locations on the entire inventory of top brand headphones and speakers, wearable technology, smart toys, connected home, power accessories, home entertainment and much more. RadioShack’s huge selection of electronic components, batteries, and everything for the hobby and electronics enthusiast is now also on sale at compelling price reductions.

A spokesperson for the joint venture said, “RadioShack is well known for carrying an incredible range of merchandise and consumers are encouraged to take advantage of the fantastic deals right away while the selection is best. Deep discounts coupled with the high demand for consumer electronics merchandise will make this a very short sale.”

Store fixtures and equipment are also available for sale at the closing locations.