Kenosha’s Radio Shack is closing at the end of the month and discount grocer Save-a-Lot closed this past weekend in the Kmart Plaza on 52nd Street.
General Wireless Operations Inc., trading as Radio Shack, filed for Chapter 11 bankruptcy for the second time in two years. The company announced it was closing approximately 200 underperforming stores throughout the country and would evaluate options on the remaining 1,300.
The company’s store at 4126 52nd St. is currently conducting a liquidation sale, cutting prices from 20 to 70 percent. The store that was operating as a branded partner with Sprint will close April 30. It is selling off electronic equipment, devices, batteries, display equipment and cases.
Once touting itself as a neighborhood electronics convenience store, Radio Shack was operating in combination with company, individual and branded stores. It opened its first store in the 1920s.
Electronics industry observers noted that Radio Shack fell victim to competition from online, big box and diversified retailers such as Wal-Mart and Amazon.
Two store units over, Save-a-Lot, a discount grocery retailer with local stores in Illinois and Wisconsin, closed its 4216 52nd St. store at the end of business Saturday with some of its items on discount. Equipment and merchandise not sold will be dispersed to other stores in Racine, the Milwaukee area and the Chicago area.
Established in 1977 as an alternative to larger supermarkets, the stores carry typical grocery items, but with less variety than conventional supermarkets. Many of the items were private label goods displayed in their cardboard shipping boxes.
A shopper searching for discounted items Saturday said he would miss the store because, although new stores have opened in Kenosha and Somers, there were not many grocery options in the inner part of the city.
Kmart and Dollar Tree, as anchor stores, and a MetroPCS store and a day care remain in the plaza.