Find Bu Radioshack 2022 | PST

 

RadioShack’s shambling remains were given another jolt of life today. Bu Radioshack… when they were purchased by another business that plans to relaunch the once-great retailer as an online-focused brand name.

The store’s remains were purchased by Retail Ecommerce Ventures (REV), a startup founded in 2019 that’s been scooping up brands from other faded retail giants as well, consisting of Pier 1, Modell’s Sporting Item, Dressbarn, and more. REV states RadioShack’s website currently has “strong existing sales and sales capacity,” and the company is “confident” it can even more raise awareness of the brand internationally.

REV declares it’s successfully reversed other companies it’s introduced as online brands. The Wall Street Journal reported that Dressbarn more than doubled its income in between the first and second quarter of 2020.

RadioShack was founded in 1921 and became a retail staple in the ’80s and ’90s for anyone aiming to grab tech fundamentals. For a long period of time, that meant real radio parts, but ended up including lots of electronic toys (one Edge editor fondly remembers his Armatron) and ultimately phones. Its fortunes declined significantly as online shopping arrived, and the company filed for bankruptcy twice in the past five years. RadioShack still licenses its name to third-party “licensed” stores and offers top quality products within some areas of HobbyTown, a crafts retailer– similar to how you can still find “Sharper Image” products at Kohl’s despite the fact that that merchant shut its physical doors over a decade ago. REV didn’t say whether those RadioShack licenses would stay. Bu Radioshack

REV states it will “soon relaunch” RadioShack’s website. So for those of you still clinging on to fond memories of the store, there’ll be a familiar sufficient location to go when you wish to buy overpriced HDMI cable televisions and knockoff headphones.