RadioShack Getting Walloped In The U.S. Focuses On Southeast Asia
RadioShack has big expansion plans in Southeast Asia. The consumer electronics retailer is struggling in the U.S. amid the volatile economic environment and increasing competition from online retailers. It faces competition from brick and mortar retailers such as Wal-Mart, Target and Best Buy as well as online players like Amazon and eBay.
RadioShack has partnered with Berjaya Retail Berhad, a Malaysian retail group, to expand its footprint in Southeast Asia. It plans to extend its franchise locations to 10 countries in Southeast Asia with plans to open at least 1,000 sites