RadioShack revealed last month it would be closing between 400 and 700 company-owned stores after it saw fourth-quarter net income drop 62 percent compared with the previous year.

The closures are part of a turnaround plan that includes getting out of its slow-moving, old-line cables and antennas business to open more room for technology such as i-Pods and Bluetooth. "We can't keep that stuff on the shelves," said Jessica Study, spokeswoman for the company. "This is a key initiative to divest ourselves of underperforming stores and inventory."

The old-line products -- cables, connectors, antenna -- will still be available online, she said.

A nationwide Ultimate Clearance Event unrelated to the store closures kicks off April 2 to help clear out the staid merchandise, Study said. Separate going-out-of-business sales at the closing stores will start in May and the stores should by empty by Aug. 1.

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