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Sunday, January 17, 2021

Radio Shack Is Back!


Years ago, Mark Twain cabled from London after his death was mistakenly reported, "The reports of my death are greatly exaggerated."

It appears this may also is the case with electronics retailer Radio Shack.

Years ago, Radio Shack closed most, if not all, of their retail stores. It appears that Radio Shack is back. 

They have a retail website which also provides locations of retail stores, about 400 of them. 

The Lewiston Tribune reported (about a month ago):

SILVER SPRING, Md. — RadioShack, a fixture at the mall for decades, has been pulled from brink of death, again.

It’s the most prized name in the basket of brands that entrepreneur investors Alex Mehr and Tai Lopez have scooped up since the coronavirus pandemic bowled over the U.S. retail sector and sent a number of chains into bankruptcy protection. Those brands so far include Pier1, Dressbarn and Modell’s.

Mehr and Lopez plan to make RadioShack competitive again, this time online, rather than on street corners or in malls. RadioShack.com has been open for business for a few weeks. About 400 RadioShack locations remain open, but operate independently from the REV-owned parent company.

To read more, go here

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