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

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Trump Jr. to campaign with J.D. Vance in Ohio following father’s endorsement

CLEVELAND — Ohio Senate candidate J.D. Vance — fresh off an endorsement…

Supreme Court declines to block Texas’ restrictive abortion law, dealing a blow to Roe v. Wade

A divided Supreme Court late Wednesday declined to block a restrictive Texas…

Brown University assistant professor accused of groping student

A Brown University assistant professor has been charged with second-degree sexual assault…

Search ongoing for man who may have taken homemade raft down Colorado River

Authorities are searching for a man and his dog after they went…