Radio Shack to close 1,100 stores

US electronics retailer Radio Shack has said it plans to close 1,100 stores - nearly 20% of its total - in an attempt to turn around its fortunes. The move comes as the firm reported a net loss of $400.2m (£240m) for 2013, up from $139.4m a year ago. via Pocket http://ift.tt/1f1ZSnI