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

You May Also Like

Biden to unveil new proposal for sweeping spending deal, expects to win full Democratic support

WASHINGTON — President Joe Biden expects to get full Democratic support when…

Masculinity overdue for a reckoning after mass shootings, child advocates say

Days after the school shooting in Uvalde, Texas, staffers at Men as…

Biden makes calls to House Democrats to gather votes for $1.75T social safety net bill

WASHINGTON — President Joe Biden called numerous House Democrats on Thursday as…

Security and political crises in Israel converge to create a perfect storm

TEL AVIV — On a balmy evening in Israel’s largest city, tens…