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Article: MICROSOFT TO OPEN RADIOSHACK BOUTIQUES.(Business)
- Article from:
- Seattle Post-Intelligencer
- Article date:
- November 12, 1999
- Author:
CopyrightCOPYRIGHT 1999 Seattle Post-Intelligencer. All rights reserved. Reproduced with the permission of the Dialog Corporation by Gale Group. 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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Renewing a relationship they began 22 years ago, Microsoft and Tandy Corp. yesterday announced a five-year, $100 million alliance to establish a Microsoft ``store within a store'' in as many as 7,000 RadioShack locations across the United States.
The deal gains Microsoft a huge retail network, as 94 percent of Americans live within five minutes of a RadioShack. It also deals a blow to Microsoft rival America Online, which with 19 million subscribers dwarfs Microsoft's MSN.com. AOL had been competing with Microsoft for a deal with Tandy.
Shares of Microsoft gained 3 percent yesterday, closing up $2.50 at $89.63. Shares of Tandy, which operates the ...