Radio Shack Closings to Have Limited Impact on Retail Mortgages

Radio Shack Closings to Have Limited Impact on Retail Mortgages

While the closings of 500 Radio Shack stores will cause retail landlords some headaches in finding replacement tenants, the good news is that the closed stores are not likely to result in significant loan defaults, according to a report from Morningstar Credit Ratings LLC.

In early February, news emerged that the electronics retailer would close approximately 500 locations as it attempts a restructuring.

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