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Retail Entrepreneurs Buy Twice-Bankrupt RadioShack With Plans for Online Revival

Retail Entrepreneurs Buy Twice-Bankrupt RadioShack With Plans for Online Revival

Two entrepreneurs who have been collecting fallen retail brands during the coronavirus pandemic are taking over the reins of RadioShack, acquiring the

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Two entrepreneurs who have been collecting fallen retail brands during the coronavirus pandemic are taking over the reins of RadioShack, acquiring the nearly century-old gadget seller’s brands and online business.

Miami-based Retail Ecommerce Ventures LLC, led by Chief Executive Alex Mehr and Executive Chairman Taino “Tai” Lopez, bought the rights to the RadioShack brand in the U.S., Canada, India, Australia, Europe and China, along with related websites, for an undisclosed price last week.

Even…

This post first appeared on wsj.com

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