The RadioShack model lives to see one other day

The RadioShack brand lives to see another day

RadioShack’s model will reside on. In response to The Wall Road Journal, the retailer’s label belongings have been bought by Commonplace Basic LP, a hedge fund, for $26.2 million. Together with the trademark, different undisclosed mental property was additionally included within the chapter public sale, which occurred Monday in New York. However what precisely is Commonplace Common LP’s imaginative and prescient? It plans to rebuild and rebrand. The agency is reportedly trying to overhaul RadioShack’s model round a “streamlined array of requirements,” which are going to be bought alongside wi-fi merchandise from Dash. The service, in fact, has stored shut tabs on the electronics chain’s Chapter eleven woes. Simply final month, it opened its personal shops inside present RadioShack places, which might in any other case now be defunct.

[Image credit: Getty Images]

 Cover Feedback zeroFeedback

Featured Tales Sponsored Content material

Examine Your Devices

The RadioShack brand lives to see another day

Immediately examine merchandise aspect by aspect and see which one is greatest for you!

Attempt it now →