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Article: RADIO SHACK LAUNCHES MAJOR STORE EXPANSION; 500 New Stores Could Be Added By 1999.
- Article from:
- Business Wire
- Article date:
- March 29, 1995
CopyrightCOPYRIGHT 1995 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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FORT WORTH, Texas--(BUSINESS WIRE)-- March 29, 1995--Radio Shack(R) has launched its first major store expansion program in nearly a decade. With more than 6,500 Radio Shack stores and dealers nationwide, the Fort Worth-based consumer electronics retailer could add as many as 500 new stores by the end of the century. Radio Shack hopes to open approximately 100 new company-owned and operated retail stores each year over the next five years as long as market conditions warrant.
"The store expansion program is an important element in our overall plan for Radio Shack," said Radio Shack President Leonard Roberts. "It symbolizes our confidence in the stability and ...