Dive Brief:

• RadioShack Corp. will close 200 stores, far fewer than the 1,100 stores it had planned to close, the company announced Thursday.

• Lenders Salus Capital Partners and GE Capital had set credit terms not acceptable to the company, RadioShack said in a filing.

• RadioShack will instead pursue other unspecified cost-saving measures, the company said.

Dive Insight:

RadioShack’s leading lenders are putting the struggling retailer into a bit of corner with their opposition to its store-closing plans. Some observers say the electronics retail company should embrace its physical-store footprint by increasing its concept store approach. Unless the company can persuade its lenders otherwise, it looks like it may have to.