FORT WORTH, Texas (AP) — RadioShack says it’s closing up to 1,100 underperforming stores in the U.S.
Its stock tumbled more than 24 percent in premarket trading today. The electronics retailer lost more than $191 million during the last quarter of 2013, compared with a loss of a little more than $63 million a year before.
The store closings would still leave RadioShack with more than 4,000 stores. Currently, the company has two locations in Clarksville.
Copyright 2014 The Associated Press.