Local RadioShack bucking national trend

Local RadioShack bucking national trend

MEDINA, OH (WOIO) - You will see thousands of

stores across the nation close and re-open as

stores over the next few months.But the RadioShack in Medina, Ohio is bucking that trend.

Medina RadioShack isn't going anywhere despite its parent company filing for bankruptcy last week.

The store has been in Medina since the 1980s, owned by just one family. They first opened a RadioShack back in 1971 which means they are privately owned.

"Calculators were just becoming available. CB's were all the rage. When we opened our first store we had about a 20 foot wall of stereo systems. People hardly ask for stereos anymore. It was a lot of fun playing with those things," says Paul Sevougian, the owner of the Medina RadioShack.

RadioShack currently has approximately 4,000 company-owned stores in the U.S.

Standard General is buying 2,400 of RadioShack's stores and will morph roughly 1,700 into new Sprint stores.

Back in 1971, Sevougian's father Steve took early retirement from the Dow Chemical Company where he worked as a chemical engineer.

Steve opened their first storefront in nearby Fairlawn and moved it to Medina in 1981.

Steve had one rule if you visited his store back in the day:  before you purchased anything, you would have to listen to at least two of his jokes.

Paul Sevougian says, "We are going to stay open. We are determined to stay open. We will find the suppliers we need. A lot of work to do that. I think we still have a lot of knowledge and faithfulness with our customers that we can continue to serve them well."

to see a list of RadioShack locations that could potentially close.


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