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RadioShack Calls Off Mobile Venture with Target

January 14, 2013

RadioShack Corp. said Monday that it ended a mobile phone partnership with Target Corp. as the retailers could not agree on a new deal that would be profitable for both.

RadioShack, a retailer of consumer electronics and other gadgets, had been helping operate "Target Mobile" stores within 1,500 of Target's big box locations. RadioShack said that deal will end on April 8.

"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 RadioShack Executive Vice President Telvin Jeffries

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