Find Radioshack Salamanca 2022 | PST

 

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

The shop’s remains were purchased by Retail Ecommerce Ventures (REV), a startup founded in 2019 that’s been scooping up brand names 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 potential,” and the company is “positive” it can further raise awareness of the brand internationally.

REV declares it’s effectively turned around other companies it’s launched as online brands. The Wall Street Journal reported that Dressbarn more than doubled its earnings between the first and 2nd quarter of 2020.

RadioShack was founded in 1921 and became a retail staple in the ’80s and ’90s for anyone seeking to get tech fundamentals. For a long time, that suggested actual radio components, however ended up consisting of lots of electronic toys (one Edge editor fondly remembers his Armatron) and eventually phones. Its fortunes declined greatly as online shopping showed up, and the company applied for personal bankruptcy two times in the past 5 years. RadioShack still certifies its name to third-party “authorized” shops and offers top quality items within some places of HobbyTown, a crafts seller– similar to how you can still discover “Sharper Image” products at Kohl’s even though that seller shut its physical doors over a years back. REV didn’t state whether those RadioShack licenses would remain. Radioshack Salamanca

REV says it will “soon relaunch” RadioShack’s site. For those of you still sticking on to fond memories of the shop, there’ll be a familiar adequate location to go when you want to purchase overpriced HDMI cable televisions and knockoff headphones.