RadioShack and Target Dissolve Target Mobile Partnership

           RadioShack and Target Dissolve Target Mobile Partnership

PR Newswire

FORT WORTH, Texas, Jan. 14, 2013

FORT WORTH, Texas, Jan. 14, 2013 /PRNewswire/ -- RadioShack Corp. (NYSE: RSH),
today announced the end of its relationship with Target, where it helps
operate Target Mobile in 1,500 Target stores, effective April 8, 2013.

The RadioShack and Target partnership provided RadioShack access to manage
Target's post-paid mobility business, but RadioShack did not manage the
prepaid mobility business or the wider range of accessories offered in Target
stores.

Since October 2012, RadioShack had been renegotiating the terms of the
relationship with Target to establish an agreement that would be profitable to
both companies. At that time, RadioShack executed a termination notice that
would allow the company to exit the Target business if an agreement could not
be reached.

"In order for RadioShack to have continued this relationship, we needed to
establish a new agreement that would be financially appealing to both
companies," said Telvin Jeffries, RadioShack executive vice president, chief
human resources officer, and general manager of retail services "Ultimately,
we amicably agreed to dissolve the relationship."

About RadioShack Corporation

RadioShack (NYSE: RSH) is a leading national retailer of innovative mobile
technology products and services, as well as products related to personal and
home technology and power supply needs. RadioShack^® offers consumers a
targeted assortment of wireless phones and other electronic products and
services from leading national brands, exclusive private brands and major
wireless carriers, all within a comfortable and convenient shopping
environment. RadioShack employs approximately 34,000 knowledgeable and helpful
sales experts globally. RadioShack's retail network includes approximately
4,700 company-operated stores in the United States and Mexico, 1,500 wireless
phone centers in the United States, and approximately 1,100 dealer and other
outlets worldwide. For more information on RadioShack Corporation, please
visit www.radioshackcorporation.com; to purchase items online, please visit
www.radioshack.com. RadioShack^® is a registered trademark licensed by
RadioShack Corporation.

News Media Contact:
Media Relations
(817) 415-3300
Media.Relations@RadioShack.com

SOURCE RadioShack Corporation

Website: http://www.radioshack.com
 
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