Vineyard Electronics, a Radio Shack dealer in Tisbury, will remain in business as the Radio Shack chain proceeds through the bankruptcy process.
Radio Shack said in a news release issued February 5 it will close many of its company owned stores, and lease space in some stores to other businesses.
Vineyard Electronics owner Linda Sibley said Tuesday that her store is an independent business which buys its merchandise from the Radio Shack franchise division, but cannot be closed by the Texas-based corporation.
Ms. Sibley said she doesn’t know for sure what will happen to Radio Shack’s several divisions, but she is concerned.
“The bottom line is we don’t know whether or not the franchise division is going to exist as a supplier for us,” Ms. Sibley said to The Times in a phone interview.
Vineyard Electronics, at 426 State Road, has been in business since 1981.
