Find Radioshack New Orleans 2022 | PST

 

RadioShack’s shambling remains were provided another jolt of life today. Radioshack New Orleans… when they were acquired by another company that plans to relaunch the once-great seller as an online-focused brand.

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 too, including Pier 1, Modell’s Sporting Product, Dressbarn, and more. REV says RadioShack’s site currently has “strong existing sales and sales potential,” and the company is “positive” it can even more raise awareness of the brand worldwide.

REV claims it’s successfully turned around other business it’s introduced as online brand names. The Wall Street Journal reported that Dressbarn more than doubled its earnings in between the very first and 2nd quarter of 2020.

RadioShack was founded in 1921 and ended up being a retail staple in the ’80s and ’90s for anyone aiming to grab tech basics. For a very long time, that indicated actual radio elements, but wound up consisting of great deals of electronic toys (one Edge editor fondly remembers his Armatron) and eventually phones. Its fortunes decreased greatly as online shopping arrived, and the business declared personal bankruptcy twice in the past 5 years. RadioShack still certifies its name to third-party “authorized” stores and offers top quality items within some areas of HobbyTown, a crafts merchant– similar to how you can still find “Sharper Image” items at Kohl’s although that retailer shut its physical doors over a years back. REV didn’t state whether those RadioShack licenses would stick around. Radioshack New Orleans

REV states it will “soon relaunch” RadioShack’s website. For those of you still clinging on to fond memories of the store, there’ll be a familiar sufficient place to go when you want to purchase overpriced HDMI cable televisions and knockoff earphones.