There are 200 stores that RadioShack will be closing right after the company files bankruptcy. This is the second time that the company has filed bankruptcy in two years.
RadioShack is shutting down 175 stores in California, after it filed for Chapter 11 bankruptcy protection Thursday. The company has about 4,000 stores in the U.S.
John Feray, the chief financial officer of RadioShack Corp - the American electronics retail giant - has reportedly stepped down from his role just after eight months in the company.
