Lights were off, shelves were empty and phone rang unanswered this week, as the RadioShack on Greenback Lane officially closed its doors for the final time — the result of bankruptcy terms the corporation filed in court February 5.
Prior to closing, the Citrus Heights location had been operating as a limited-stock “clearance center” since January 3, with signs advertising 25 to 50 percent off on items. After the corporation’s bankruptcy filings earlier this month, those signs were replaced with deeper discounts and a “last days” countdown on the front window.
The Citrus Heights RadioShack store had been open since 1978, according to the store manager.
Future use of the 7405 Greenback Lane location is unknown, although the company’s largest shareholder, Standard General, has announced plans to purchase about half of RadioShack’s 4,000 company-owned stores and turn them into store-within-a-store Sprint locations.
Monica Alejandrez, assistant to the city manager, said the City had not been notified of “any intentions of turning that location into a Sprint store,” and noted a “sizeable” Sprint store already located across the street in the Safeway complex.
[Related: 99 Cents Only Stores plan to open new store on Greenback Lane]
Nearby Orchard Supply Hardware also suffered the same fate as RadioShack, with it’s large lot at Greenback Lane and San Juan Avenue to be taken up by Crunch gym and a 99 Cents Only store later this year.
Lights were off, shelves were empty and phone rang unanswered this week, as the RadioShack on Greenback Lane officially closed its doors for the final time -- the result of bankruptcy terms the corporation filed in court February 5.
Prior to closing, the Citrus Heights location had been operating as a limited-stock "clearance center" since January 3, with signs advertising 25 to 50 percent off on items. After the corporation's bankruptcy filings earlier this month, those signs were replaced with deeper discounts and a "last days" countdown on the front window.
The Citrus Heights RadioShack store had been open since 1978, according to the store manager.
Future use of the 7405 Greenback Lane location is unknown, although the company's largest shareholder, Standard General, has announced plans to purchase about half of RadioShack's 4,000 company-owned stores and turn them into store-within-a-store Sprint locations...
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