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Analyst: RadioShack's partnership with Target is losing millions

Minneapolis-based Target Corp. inked a deal for Radio Shack to operate mobile phone kiosks at stores nationwide in 2009, but the agreement hasn’t been great for the Texas-based consumer electronics chain. One analyst tells MarketWatch that Radio Shack's Target business is losing millions of dollars and thinks Radio Shack should consider ending the partnership. The two retailers appear to be working on improvements, including placement in Target circulars.
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Minneapolis-based Target Corp. inked a deal for Radio Shack to operate mobile phone kiosks at stores nationwide in 2009, but the agreement hasn't been great for the Texas-based consumer electronics chain.

One analyst tells MarketWatch that Radio Shack's Target business is losing millions of dollars and thinks Radio Shack should consider ending the partnership. The two retailers appear to be working on improvements, including placement in Target circulars.

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