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Published 5:19 PM EDT Jul 26, 2018
RadioShack, once a neighborhood mainstay for all things electronic, is planning to make a comeback of sorts.
The 97-year-old retailer announced plans Thursday to open more than 100 'express' locations nationwide.
After filing bankruptcy in 2017 for the second time in less than three years, RadioShack announced a partnership last week to stock its merchandise in 60 franchised HobbyTown stores. Now RadioShack is extending that number to over 100 of the toy chain's locally owned stores.
“We are excited about the HobbyTown partnership, as it will allow us to re-engage and directly serve our core hobby and DIY (do-it-yourself) communities,” says Steve Moroneso, CEO of General Wireless Operations in a statement.
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It marks a return for RadioShack, which once had so many locations that it was only a few minutes' drive from most U.S. homes. It was the place to go for batteries, cords and plugs and had its own line of Tandy computers and other products.
RadioShack fell victim to the Internet, closing hundreds of locations following last year's bankruptcy as consumers increasingly headed online to shop for electronics. The company said it has recently refocused its efforts on both its e-commerce platform and growing number of 400 dealer locations.
The HobbyTown partnership will give RadioShack greater access to suburban areas.
“This will expand the RadioShack footprint quickly and enhance the product selection and services offered at HobbyTown locations,” according to HobbyTown President Bob Wilke.
Follow Dalvin Brown on Twitter @Dalvin_Brown
Published 5:19 PM EDT Jul 26, 2018