Radio Shack declared bankruptcy for the second time in two years last week and will close hundreds of stores.

In New Jersey, Radio Shack will close 20 stores, including locations in Hammonton, Somers Point, Ventnor and Rio Grande, according to a list obtained by Business Insider.

The brand has one remaining area store, in Northfield.

The Fort Worth, Texas-based retailer filed its petition in bankruptcy court in Delaware on Wednesday.

According to court filings, 187 stores will close immediately, with another 365 shutting down by the first week of April.

In a statement, Radio Shack President and Chief Executive Officer Dene Rogers said since the company’s bankruptcy filing in 2015, the retailer reduced operating expenses by 23 percent.

Rogers said several reasons, including a partnership with wireless carrier Sprint that proved not to be as profitable as expected, prompted the latest bankruptcy filing.

Contact: 609-272-7090 SHughes@pressofac.com Twitter ACPress_hughes

Local news editor at the Press of Atlantic City. SUNY Geneseo and Syracuse University grad. New Jersey transplant.

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