RadioShack quarter gets a boost from Target kiosks
RadioShack reported a $28.9 million increase in kiosk sales driven in large part by the roll-out of the company’s mobile centers in Target stores. This boost helped drive RadioShack’s total sales to $1.06 billion from $1.04 billion.
At the end of its fiscal first quarter, RadioShack operated 887 Target Mobile centers inside Target stores compared with 104 at March 31, 2010. The company said it expects to expand Target Mobile to approximately 1,450 locations by the end of June 2011.