You’ll be able to quickly tune again into RadioShack.
The twice-bankrupt model is being reborn, nevertheless it will not be as noticeable as earlier than. As a substitute, will probably be known as “RadioShack Categorical,” a store-within-a-store that may open in 100 HobbyTown shops throughout the USA.
“We’re excited in regards to the HobbyTown partnership, as it’ll enable us to reengage and straight serve our core interest and DIY communities,” mentioned Steve Moroneso, CEO of Basic Wi-fi Operations, which owns the 97-year-old RadioShack model.
Associated: RadioShack workers: Tales from the strolling lifeless
HobbyTown sells specialty toys. The corporate mentioned the partnership “will improve the product choice and providers” at its 150 places.
It has been fairly a trip for RadioShack over the previous three years. The corporate first filed for chapter in 2015, when Basic Wi-fi acquired the corporate. It filed for chapter once more in 2017, which led to a lot of its 1,500 shops being shut down.
Roughly 400 standalone shops in rural places are nonetheless open.
CNNMoney (New York) First revealed July 26, 2018: 12:01 PM ET