Tuesday, January 15, 2013

RadioShack, Target Part On Mobile Phone Partnership

Fort Worth-based RadioShack Corp. and retailer Target have parted ways on a partnership, RadioShack said last night, where Radio Shack operated the Target Mobile business in 1,500 of Target's stores. RadioShack said the move came after the two companies failed to reach an agreement on the effort, which has been in negotiation since October of 2012. RadioShack said the firm was looking to renegotiate terms where the move would be profitable to both companies. The partnership ends on April 8th.