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RadioShack to close 500 stores

Fort Worth, Texas -- RadioShack is planning to close 500 of its stores.

The report comes less than a week after the company's Super Bowl ad proclaimed "The '80s called. They want their store back!"

The advertisement was meant to show off the chain's renovated stores and updated look.

RadioShack would not comment on the report.

It is not clear if any local stores will be impacted.

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Washington Times