New RadioShack Owner Pledges Growth, With U.S. Stores Possible
August 23, 2023
Unicomer Group, the major stakeholder in RadioShack, acquired the brand’s intellectual property and domains in about 70 countries, including the U.S., Canada, Europe, and China. This move follows Retail Ecommerce Ventures’ ownership of RadioShack’s IP, which licensed the brand for potential cryptocurrency ventures. Unicomer intends to push RadioShack’s growth in the U.S., leveraging its successful expansion strategy in Central America, South America, and the Caribbean, while the possibility of a return to physical stores remains open.
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