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   Message 439 of 1,530   
   Sean Dennis to All   
   RadioShack in HobbyTown USA   
   20 Jul 18 11:00:38   
   
   RadioShack "Express Stores" to Open in HobbyTown USA Locations   
      
   According to a July 13 article in the New York Post, RadioShack is planning to   
   open "express stores" within HobbyTown USA locations. The nearly century-old,   
   twice-bankrupt retailer has signed a deal with HobbyTown USA to put a mini   
   RadioShack outlet in some 50 HobbyTown USA stores across the country that    
   would   
   sell items that might appeal to radio amateurs and experimenters. Those   
   locations will be identified with RadioShack signage. HobbyTown markets   
   remote-controlled cars and boats as well as drones and other hobby-related   
   merchandise.   
      
   RadioShack shuttered all of its company-owned retail outlets. Its last   
   unsuccessful effort to bail itself out of debt involved a deal with cellular   
   provider Sprint. HobbyTown USA has 140 retail outlets, and, according to the   
   Post article, RadioShack eventually could carve out a presence -- on the order   
   of 500 square feet -- in all of them. Stores in HobbyTown USA's headquarters   
   town of Lincoln, Nebraska, as well as in Parker, Colorado, and Mooresville,   
   North Carolina, will be among the first to host RadioShack express    
   concessions.   
      
   "HobbyTown is purchasing the RadioShack merchandise and offering it to its   
   hobbyist customers who need the tools, wires, and other accessories that   
   RadioShack makes," the Post article said.   
      
   The article quoted Steve Moroneso, chief executive of General Wireless   
   Operations Inc. -- an affiliate of hedge fund Standard General, which acquired   
   RadioShack in 2015 -- as saying that RadioShack's strategy now is not to own   
   brick-and-mortar stores. RadioShack came out of bankruptcy in January with 400   
   dealers, an online retail presence, and a distribution center. General    
   Wireless   
   acquired the 1,743 retail outlets that survived RadioShack's 2015 bankruptcy.   
      
   Moroneso also told the Post that there is "plenty of interest from dealers who   
   want to open a full-line Radio Shack."   
      
   Original article:   
   http://www.arrl.org/news/radioshack-express-stores-to-open-in-hobbytown-usa-loc   
   ations   
      
   ... A handful of good life is better than a bushel of learning. - George    
   Herbert   
   --- GoldED+/LNX 1.1.5-b20170303   
    * Origin: Outpost BBS * Limestone, TN, USA (1:18/200)   

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