Qué Cubre La GarantíA Extrema Premium De Radioshack РEverything you need

Fortunately is that as of today RadioShack. Qu√© Cubre La Garant√≠A Extrema Premium De Radioshack… has formally been bought by Retail Ecommerce Ventures (REV), giving the struggling company a brand-new lease on life. The disadvantage, at least for folks like us, is that there are no instant plans to return the iconic electronic devices retailer to its brick-and-mortar roots. As the name implies, REV concentrates on online retail, having previously revamped the Web presence of other insolvent services such as Pier 1 Imports and Dressbarn.

While the press release doesn’t straight-out prevent the possibility of new physical RadioShack locations, it’s clear that REV believes the future of retail isn’t to be discovered in your local strip mall. As the US mulls even more lockdowns in response to the continuing COVID-19 pandemic, it’s tough to disagree. There will be countless bored kids and grownups looking for something to do during the long winter nights, and an electronic package or two delivered to their door might be just the important things.

REV states they plan to relaunch the rather outdated RadioShack site just in time for the company’s 100th anniversary in 2021. As of this composing the site presently states that sales have been momentarily halted to permit inventory restructuring, though it’s unclear if this is directly related to the buyout or not. Getting an accurate count of just how much merchandise the company still has on hand after shuttering most of their physical areas in 2017 definitely seems like something the brand-new owners would want to do.

We all understand how that story ended.

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

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

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

RadioShack was founded in 1921 and ended up being a retail staple in the ’80s and ’90s for anyone seeking to grab tech essentials. For a long time, that implied real radio elements, however wound up including great deals of electronic toys (one Edge editor fondly remembers his Armatron) and eventually phones. Its fortunes declined significantly as online shopping got here, and the business declared insolvency two times in the past 5 years. RadioShack still accredits 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” products at Kohl’s although that seller shut its physical doors over a decade ago. REV didn’t say whether those RadioShack licenses would stick around. Qu√© Cubre La Garant√≠A Extrema Premium De Radioshack

REV says it will “soon relaunch” RadioShack’s website. 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 buy costly HDMI cables and knockoff earphones.