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In 1962, Radio Shack was purchased by the Tandy Corporation, which was originally a leather goods corporation, and renamed Tandy Radio Shack & leather. Tandy eventually divested itself of its non-electronic product lines.
Tandy (through InterTAN) also operated a chain similar to RadioShack in the UK under the "Tandy" name from the 1970s until the late 1990s. The stores were sold to Carphone Warehouse in 1999, and over the next few years were converted to that format, or sold off.
Tandy entered the Australian market in 1973. In 2001 Woolworths Limited acquired the Australian operations and merged them with their Dick Smith Electronics business.
During the 1960s through the 1980s, Radio Shack marketed its free battery card; a wallet-sized cardboard card, free, which entitled the bearer to free batteries when presented at one of their stores. The bearer was limited to one a month, although many customers would frequent several stores with several cards every month. These cards also served as generic business cards for the salespeople in the 1980s; the "battery club" card was still used until the company-wide changes in the early 1990s.
In 1978, three years after the famous MITS Altair, Radio Shack introduced the TRS-80, one of the first mass-produced personal computers that became a big hit. This was followed by the TRS-80 Color Computer designed to attach to a television for use as a monitor. In the late 1980s, Radio Shack made the transition from its proprietary 8-bit computers to its proprietary IBM-PC-compatible Tandy computers; however, shrinking margins and a lack of economies of scale led Radio Shack to exit the computer-manufacturing market by the mid-1990s.
In May 2000, the company dropped the Tandy name altogether