RadioShack to open at 8 a.m. Thanksgiving

Struggling electronics chain RadioShack (RSH) on Monday added its name to the growing list of retailers that will be open on Thanksgiving Day. For the first time, the company will open the majority of its stores at 8 a.m. Thursday, and they will remain open until midnight. Last year, most of its doors were closed on Thanksgiving. The company joins the likes of Toys R Us and J.C. Penney (JCP), which will open at 5 p.m. on Thanksgiving, while Sears (SHLD), Kohl's (KSS), Macy's (NYSE:M), Belk (BLKIA) and Staples (SPLS) will open at 6 p.m.

Read More Skip Cyber Monday-This day has the best online deals "Given the customer demand for store hours on Thanksgiving last year, we made the decision to open on Thanksgiving," RadioShack spokeswoman Andrea McCauley said. "It gives us the opportunity to stay competitive."Read More Target to open at 6 pm Thanksgiving Day The upcoming holiday season is critical for RadioShack , which in the most recent quarter posted a net loss of $137.4 million. It ended the same quarter with total liquidity of $182.5 million. Last month the retailer said it had entered into an agreement to restructure a portion of its debt. For more on retailers' Thanksgiving and Black Friday hours, click here .