NEW YORK (AP) — There will soon be about 1,100 fewer places to buy batteries.RadioShack said Tuesday it plans to close up to 1,100 stores, or about one-fifth of its U.S. locations. The news came as the retailer reported a wider quarterly loss after a disappointing holiday season. Its stock tumbled 16 percent in afternoon trading.CEO Joseph Magnacca said the closings would leave the company with more than 4,000 U.S. stores.
RadioShack to close 1,100 stores