RadioShack Looks to Make a Comeback with HobbyTown Deal
To be clear, RadioShack has never actually fully gone away. The 97-year-old consumer electronics chain has gone through bankruptcy twice in the last three years and is certainly a shell of its former self—down to some 400 stores last year compared to 4,400 prior to the first Chapter 11 filing in 2015. But the company is still looking to make something of a comeback, and they hope to do it with a little bit of help.
Last week, according to a report in the New York Post, RadioShack and HobbyTown USA signed a deal that will bring “express stores” to 50 HobbyTown partner stores. The deal could expand to 100 stores and, if successful, to all 140 HobbyTown locations across the country.
According to the Post, the first express stores will start to open this week.