RadioShack Plans Significant Expansion in Southeast Asia Mar 23, 2012

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United States-based technology retailer RadioShack signed and agreement with Malaysian retail group Berjaya Retail Berhad to expand RadioShack's global footprint across 10 Southeast Asian countries.

Under the long-term agreement, Berjaya Retail (Cayman) Limited as franchise developer is expected to open at least 1,000 franchise locations across the Association of Southeast Asia Nations within the first 10 years. Its subsidiary in Malaysia, Berjaya RS Sdn. Bhd., expects to open its first RadioShack locations this year in Kuala Lumpur.

The Berjaya relationship is RadioShack's single largest franchise expansion to date and offers the potential to nearly double the number of RadioShack's total dealer-franchise locations worldwide, eventually increasing its global footprint to 39 countries.

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