Microfonos Radioshack – Everything you need

The bright side is that since today RadioShack. Microfonos Radioshack… has actually officially been purchased by Retail Ecommerce Ventures (REV), offering the distressed company a brand-new lease on life. The downside, at least for folks like us, is that there are no instant plans to return the iconic electronics retailer to its brick-and-mortar roots. As the name implies, REV concentrates on online retail, having formerly revamped the Web presence of other bankrupt services such as Pier 1 Imports and Dressbarn.

While journalism release does not straight-out prevent the possibility of new physical RadioShack places, it’s clear that REV thinks the future of retail isn’t to be discovered in your regional shopping center. As the US mulls even more lockdowns in response to the continuing COVID-19 pandemic, it’s hard to disagree. There will be countless bored kids and adults looking for something to do during the long winter season nights, and an electronic kit or more delivered to their door might be just the important things.

REV states they prepare to relaunch the rather outdated RadioShack site just in time for the business’s 100th anniversary in 2021. As of this writing the website presently states that sales have actually been momentarily stopped to enable stock restructuring, though it’s uncertain if this is straight related to the buyout or not. Getting an accurate count of how much merchandise the business still has on hand after shuttering most of their physical areas in 2017 certainly seems like something the brand-new owners would want to do.

Like most of you, we have fond memories of the Golden era of RadioShack, back prior to they thought selling tvs and phones was in some way an excellent idea. To their credit, they did try and rekindle their relationship with hackers and makers by asking the community what they ‘d want to see in their shops. We all understand how that story ended. While it doesn’t appear like this news will get us any closer to having a neighborhood store that stocks resistors, there’s a specific comfort in understanding that RadioShack books and sets will still be around for the next generation.

RadioShack’s shambling remains were provided another jolt of life today when they were bought by another business that plans to relaunch the once-great merchant as an online-focused brand.

The shop’s remains were bought by Retail Ecommerce Ventures (REV), a start-up founded in 2019 that’s been scooping up brands from other faded retail giants also, including Pier 1, Modell’s Sporting Product, Dressbarn, and more. REV says RadioShack’s website currently has “strong existing sales and sales potential,” and the company is “confident” it can even more raise awareness of the brand name globally.

REV declares it’s successfully reversed other companies it’s introduced as online brand names. The Wall Street Journal reported that Dressbarn more than doubled its profits between the 2nd and first quarter of 2020.

RadioShack was founded in 1921 and became a retail staple in the ’80s and ’90s for anyone seeking to grab tech essentials. For a long period of time, that suggested actual radio components, but wound up including lots of electronic toys (one Verge editor fondly remembers his Armatron) and eventually phones. Its fortunes declined significantly as online shopping showed up, and the business applied for personal bankruptcy two times in the past 5 years. RadioShack still accredits its name to third-party “licensed” stores and sells branded products within some areas of HobbyTown, a crafts seller– similar to how you can still discover “Sharper Image” items at Kohl’s although that seller shut its physical doors over a years earlier. REV didn’t state whether those RadioShack licenses would stay. Microfonos Radioshack

REV states it will “quickly relaunch” RadioShack’s website. For those of you still sticking on to fond memories of the shop, there’ll be a familiar enough location to go when you desire to purchase costly HDMI cables and knockoff earphones.