<PAGE> 1
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
-----------------------------------------------------
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
-----------------------------------------------------
May 18, 2000 (Date of earliest event reported)
May 18, 2000 (Date of Report)
RADIOSHACK CORPORATION
(Exact name of registrant as specified in charter)
Delaware 1-5571 75-1047710
(State or other (Commission (IRS Employer
Jurisdiction of File Number) Identification No.)
Incorporation)
100 Throckmorton Street Suite 1800, Fort Worth, Texas 76102
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (817) 415-3700
<PAGE> 2
Item 5. OTHER EVENTS
The text of a press release issued by RadioShack Corporation, formerly
known as Tandy Corporation, on May 18, 2000 is set forth below:
IT'S OFFICIAL!
TANDY CORPORATION RENAMED RADIOSHACK CORPORATION
Shareholders Vote Overwhelming Approval of Name Change
FORT WORTH, TEXAS, MAY 18, 2000 - Shareholders today voted overwhelmingly
to change the name of Tandy Corporation (NYSE: TAN) to RadioShack Corporation at
the company's annual shareholders meeting held in Fort Worth.
In his address to shareholders, Chairman, President and CEO Leonard Roberts
pointed out that the reason for the name change was simple. "RadioShack
Corporation accurately reflects our company's single focus and clearly
communicates the confidence we have in RadioShack's powerful growth prospects as
a retail service concept. The overwhelming approval we received for the name
change validates the initiative we undertook in the mid-1990s to reposition the
business and further leverage our brand."
RadioShack's strengths include a wide, geographic distribution channel; the
RadioShack.com e-commerce site; trained, trusted sales staff; and unique product
and service selections. Its retail service concept combines three key anchor
strategies: accessories and parts, telecommunications and the newest
strategy...home connectivity. These anchors provide RadioShack with a unique
retailing model that is unparalleled in the consumer electronics industry.
"RadioShack is more than just a household name, it is an American icon
representing value, service and unsurpassed excellence. We have staked our claim
as the place America goes to get help with today's new and emerging technology
products and services," said Roberts. "Just as important, now that we are
RadioShack Corporation, we will have greater visibility among investors who
trust us for their consumer electronics needs and want to share in our company's
growth."
Tandy Corporation began as a family leather business in 1919 that has
grown into a consumer electronics powerhouse with more than 7,100 stores and
dealers all the across the U.S., Puerto Rico and the Virgin Islands. The company
was first traded on the New York Stock Exchange as Tandy Corporation in 1960.
Three years later, the company acquired RadioShack,
<PAGE> 3
then a nearly defunct, nine-store chain in Boston. Charles Tandy took the
fledgling retail chain and built it into a Fortune 500 company and one of the
most trusted retailing names in America.
"Charles Tandy was a retail visionary," said Roberts. "He saw the potential
for rapid growth in the electronics retail industry. Two years after purchasing
RadioShack, he turned a foundering company into a profitable enterprise. To
honor his legacy, we will change the name on our headquarters building in
downtown Fort Worth to the Charles D. Tandy Center. We steadfastly remain
indebted to the heritage established by our founder Charles Tandy and intend to
see his vision into the new millennium and beyond."
RadioShack's listing on the New York Stock Exchange will take place
officially at a ceremony to be held at the Exchange on Wednesday, May 31, when
the new symbol NYSE: RSH will be unveiled.
RadioShack Corporation is the nation's largest and most trusted
consumer-electronics retailer, and offers both on- and off-line shopping
capabilities. With more than 7,100 stores and dealers, RadioShack sells more
wireless telephones, telecommunications products and electronic parts and
accessories than any other retailer. It is estimated that 94 percent of all
Americans live or work within five minutes of a RadioShack store or dealer. For
more information, visit the RadioShack web site at www.radioshack.com.
END OF TEXT OF PRESS RELEASE
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized this 18th day of May, 2000.
RADIOSHACK CORPORATION
(Registrant)
Date May 18, 2000 /s/ MARK C. HILL
------------------------------------------
Mark C. Hill
Senior Vice President, Corporate Secretary
and General Counsel
