On December 15, 2008, RadioShack Corporation ("RadioShack") announced that its subsidiaries Tandy International Corporation, a Nevada corporation ("TICORP") and ITC Services, Inc., a Texas corporation ("ITC"; and collectively, with TICORP, the "Purchaser"), entered into a Stock Purchase Agreement (the "Agreement") with Grupo Gigante, S.A.B. de C.V., a Mexican sociedad anónima bursátil de capital variable (the "Seller"), pursuant to which Purchaser would acquire all of the issued and outstanding shares of capital stock owned by Seller in Radio Shack de México, S.A. de C.V., a Mexican sociedad anónima de capital variable ("RadioMex"), Logistic Answers, S.A. de C.V., a Mexican sociedad anónima de capital variable ("Logistic") and Retail Answers, S.A. de C.V., a Mexican sociedad anónima de capital variable ("Retail"; and together with RadioMex and Logistic, the "Acquired Companies"). The acquisition was closed on December 15, 2008.

Prior to the transaction, Seller and TICORP were parties to an Amended and Restated Joint Venture Agreement (the "JVA") pursuant to which the Seller and Purchaser established and operate RadioMex. The Agreement provides for termination of the JVA upon closing. Purchaser and Seller also jointly owned Logistic and Retail which provide operational support to RadioMex. RadioMex owns and operates approximately 200 RadioShack branded stores in Mexico.

Pursuant to the terms of the Agreement, Purchaser acquired all of the issued and outstanding shares of the Acquired Companies for MXP$563,287,500 Mexican Pesos or approximately US$43 Million US dollars. RadioMex, Logistic and Retail are now wholly owned subsidiaries of RadioShack.

A copy of the Agreement is attached hereto as Exhibit 10.1.

See Item 1.01 regarding a description of the acquisition completed December 15, 2008.

RadioShack issued a press release on December 16, 2008 announcing the completion of the acquisition. A copy of the press release is attached hereto as Exhibit 99.1.

(d) Exhibits

Exhibit No.

10.1   Stock Purchase Agreement, dated December 15, 2008, by and among Grupo
       Gigante, S.A.B. de C.V., and Tandy International Corporation and ITC
       Services, Inc.

99.1   Press Release, dated December 16, 2008.