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Retail closings: RadioShack, Staples and maybe more?

By: Rich Laden
March 7, 2014 Updated: March 7, 2014 at 3:12 pm
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photo - This Tuesday, March 4, 2014, photo, shows  Radio Shack store in downtown Cincinnati. RadioShack said it plans to close up to 1,100 stores in the U.S. and reported a wider quarterly loss after a disappointing holiday season. (AP Photo/Al Behrman)
This Tuesday, March 4, 2014, photo, shows Radio Shack store in downtown Cincinnati. RadioShack said it plans to close up to 1,100 stores in the U.S. and reported a wider quarterly loss after a disappointing holiday season. (AP Photo/Al Behrman) 

It’s been a week in which national retailers made news — sometimes for the wrong reasons.

RadioShack said it would close up to 1,100 underperforming stores nationwide after it experienced poor financial results around the holiday season. While the electronics chain didn’t give details on which stores might close, a subsidiary of an investment research firm that had compiled a list of possible store closings included one at Garden of the Gods Road and Centennial Boulevard in Colorado Springs.

A few days later, office supply chain Staples announced it would close 225 stores nationwide. No stores were identified and no hints have been given about whether any of Staples’ three Pikes Peak region stores would be on the list. Staples has two stores in Colorado Springs — at the First & Main Town Center, near Powers Boulevard and Constitution Avenue, and in the Centennial Pointe Shopping Center, near Centennial Boulevard and Garden of the Gods Road. Staples also has a store in the Monument Marketplace, off Jackson Creek Parkway in Monument.

By week’s end, the parent companies of national grocers Safeway and Albertsons announced a merger. A news release accompanying the announcement said no store closings are expected. In the Colorado Springs area, Safeway has 13 stores and Albertsons has four.

Most of the Springs-area Safeway and Albertsons stores are located several miles from one another, seemingly reducing the chances they’d be shuttered if closings did happen. However, there is one area where Albertsons and Safeway stores are reasonably close. Albertsons has a store at 455 E. Cheyenne Mountain Blvd., on the Springs’ south side; it’s sandwiched by a Safeway to the north at 1920 S. Nevada Ave. and a Safeway to the south at 6520 S. Academy Blvd.

Over the last several years, both Albertsons and Safeway have closed two stores each in Colorado Springs. Albertsons closed locations along Academy Boulevard — at Dublin Boulevard and at Palmer Park Boulevard. Safeway closed stores at Academy and Briargate boulevards and at Academy and North Carefree Circle.

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