Philly.com: As tech chains close stores, Wireless Zone sees new locations

Radio Shack may be on its way out, but franchises like Wireless Zone are hotter than ever. The mobile phone provider hopes to revamp Radio Shack’s old locations and make them its own.

"We're looking at adding as many [RadioShack sites] as our partners at Verizon will let us," said Dave Staszewski, executive vice president at Wireless Zone, in his interview with Philly.com.

This is a rising trend in the franchising industry. Many well-known names decided to take over spaces from brands that are dying out to create media buzz and customer traffic.

Philadelphia stands out as an ideal market for this. As one of the country’s largest cities, and home to many Millennials, it’s a great place for brands to open new doors.