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As a result, RadioShack shuttered several company-owned stores [7][8] and announced plans to shift its business primarily online. [9] RadioShack was acquired by Retail Ecommerce Ventures, a holding company owned by Alex Mehr and self-help influencer Tai Lopez, in November 2020. [10]
Aug 21, 2023 · It acquired RadioShack’s IP in late 2020 and also owns Pier 1 Imports PIR, Dress Barn, Stein Mart SMRT, Modell’s Sporting Goods, and Linens ’n Things. It had also owned off-price retailer ...
Nov 23, 2020 · Retail Ecommerce Ventures (REV), the retail acquisition company that bought Pier 1 and Modell’s Sporting Goods out of bankruptcy and snapped up the Dressbarn brand after it liquidated, has a new rescue mission: Radio Shack.
Jul 19, 2017 · (Reuters) - The RadioShack brand will live on after a family office already owed $23 million by the bankrupt U.S. electronics chain agreed to assume ownership of it, as no other buyers...
Aug 31, 2023 · RadioShack has been acquired by El Salvador-based Unicomer Group with a plan to overhaul its website and add new programs driven by its heritage in technological innovation for franchised operators.
Nov 19, 2020 · The former owners will retain a minority stake in RadioShack, according to a press release. Terms of the deal with REV were not disclosed. RadioShack's online store says it is currently closed...
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Aug 23, 2023 · Unicomer Group, the major stakeholder in RadioShack, acquired the brand’s intellectual property and domains in about 70 countries, including the U.S., Canada, Europe, and China. This move follows Retail Ecommerce Ventures’ ownership of RadioShack’s IP, which licensed the brand for potential cryptocurrency ventures.