4 ms·
There are a couple of operators who seemingly have a decent amount of money but are atrocious at running businesses. Radioshack's previous owner Retail Ecommerc
by pg_bot 3y ago
There are a couple of operators who seemingly have a decent amount of money but are atrocious at running businesses. Radioshack's previous owner Retail Ecommerce Ventures has the reverse Midas touch. It shouldn't be surprising that trying to transform into a crypto hub fell flat as they were two years too late to the game and all of the smart money has left that market entirely.
I don't see much value in the brand anymore. The only pivot I could see is switching to an online only store, but even then you're competing against the entire internet for selling commodity parts. This does not seem like the most profitable use of money for investors. It's ok to let it die.