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Morehead Radio Shack to Close Doors

Apple Insider

Morehead’s Radio Shack Store is among those that will be closed as a result of the company’s bankruptcy.

The 25-hundred square foot facility in the Pinecrest Shopping Center appears on a list stores that will be mothballed as the Texas-based firm proceeds with its liquidation plan.       

The Radio Shack location in the Ashland Town Center does not appear on the list but a story in the Huntington Herald-Dispatch says there’s a “blowout clearance” sign in front of the store.

Employees tell the paper the sign is consistent with reclassification as a clearance location and it has not been receiving any new merchandise.       

On Thursday (Feb. 5), officials with the Radio Shack Corporation said it has a deal to sell as many as 24-hundred stores to Standard General, which is a hedge fund and Radio Shack’s largest shareholder. 

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