RadioShack Won’t Put Stores in Blockbusters
Blockbuster Inc. agreed to end plans to put RadioShack Corp. stores within its video shops after a six-month trial in 130 locations didn’t generate enough sales.
RadioShack, which staffed the departments and paid occupancy fees to Blockbuster, offered too many products that didn’t appeal to customers picking up or dropping off movie rentals, a Blockbuster spokeswoman said.
Blockbuster, a division of Viacom Inc., will continue carrying some electronics, such as DVD players and home-theater systems.
RadioShack shares fell 95 cents to $29.71 on the NYSE.
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