2017 will not be a good year for one of the most iconic retail franchises, which was founded in 1921.

CNN Money is reporting that Radio Shack will be closing 200 stores this year and it's also filing for bankruptcy again. The company closed 50 stores in New Jersey back in 2015, while also filing for bankruptcy.

Locations in South Jersey include Northfield, Ventnor, Somers Point and Hammonton. No word on when the list of those closing will be released.

Check out these vintage Radio Shack commercials from the 80's!

More From Cat Country 107.3:

More From Cat Country 107.3