Bankrupt electronics retailer with 8,000 former stores makes major change to regain its once cult status ...Middle East

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A MAJOR electronics retailer that used to have 8,000 locations has announced a significant change that could mean new beginnings. A fresh investor is hoping to breathe life into the once-popular brand. AP:Associated PressRadioShack has a new owner with ambitions to ‘develop’ the business[/caption] A majority stake in RadioShack has been acquired by Unicomer Group for an undisclosed amount At its peak in 1999, RadioShack had 8,000 worldwide stores. It achieved cult status among electronics fans due to its wide variety of stock, especially computer and audio parts. But the then-owner of RadioShack, General Wireless, filed for bankruptcy in 2017 and began closing almost all re

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Last updated : 24 August 2023 clock 01:13 AM

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Bankrupt electronics retailer with 8,000 former stores makes major change to regain its once cult status ...Middle East

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