RadioShack to Expand Presence in Southeast Asia

RadioShack, a national retailer of innovative mobile and technology products, services and accessories, and Berjaya Retail Berhad, a Malaysian retail group with diverse franchised brands, have signed a master development agreement that substantially expands 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.