Find What Happened With Micronaut From Radioshack 2022

Fortunately is that since today RadioShack. What Happened With Micronaut From Radioshack… has officially been bought by Retail Ecommerce Ventures (REV), offering the distressed company a new lease on life. The drawback, at least for folks like us, is that there are no immediate plans to return the renowned electronic devices retailer to its brick-and-mortar roots. As the name indicates, REV focuses on online retail, having previously revamped the Internet presence of other bankrupt organizations such as Pier 1 Imports and Dressbarn.

While journalism release does not straight-out prevent the possibility of brand-new physical RadioShack locations, it’s clear that REV thinks the future of retail isn’t to be discovered in your local shopping center. As the United States mulls further lockdowns in action to the continuing COVID-19 pandemic, it’s tough to disagree. There will be millions of bored kids and adults looking for something to do throughout the long winter season nights, and an electronic package or more delivered to their door might be just the important things.

REV says they plan to relaunch the rather dated RadioShack website just in time for the company’s 100th anniversary in 2021. Since this writing the website presently states that sales have actually been temporarily halted to permit stock restructuring, though it’s uncertain if this is directly 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 definitely 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 before they believed offering phones and TVs was somehow a good idea. To their credit, they did try and rekindle their relationship with hackers and makers by asking the community what they ‘d wish to see in their shops. But we all understand how that story ended. While it doesn’t look like this news will get us any closer to having an area store that stocks resistors, there’s a certain comfort in understanding that RadioShack kits and books will still be around for the next generation.

RadioShack’s shambling remains were given another shock of life today when they were purchased by another company that prepares to relaunch the once-great retailer as an online-focused brand name.

The shop’s remains were acquired by Retail Ecommerce Ventures (REV), a startup founded in 2019 that’s been scooping up brands from other faded retail giants also, including Pier 1, Modell’s Sporting Goods, Dressbarn, and more. REV says RadioShack’s site currently has “strong existing sales and sales capacity,” and the company is “positive” it can further raise awareness of the brand worldwide.

REV claims it’s successfully turned around other business it’s introduced as online brand names. The Wall Street Journal reported that Dressbarn more than doubled its earnings between the 2nd and first quarter of 2020.

RadioShack was founded in 1921 and ended up being a retail staple in the ’80s and ’90s for anyone looking to get tech basics. REV didn’t say whether those RadioShack licenses would stick around. What Happened With Micronaut From Radioshack

REV states it will “quickly relaunch” RadioShack’s site. For those of you still clinging on to fond memories of the shop, there’ll be a familiar sufficient place to go when you desire to purchase overpriced HDMI cable televisions and knockoff headphones.