File No. 333 -

   ===========================================================================

                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549
                     --------------------------------------

                                    FORM S-8

                             REGISTRATION STATEMENT

                                      Under

                           THE SECURITIES ACT OF 1933

                                TANDY CORPORATION
             (Exact name of Registrant as specified in its charter)

          Delaware                                        75-1047710
  (State or other jurisdiction                         (I.R.S. Employer
of incorporation or organization)                     Identification No.)
                       
                      100 Throckmorton Street, Suite 1800
                             Fort Worth, Texas 76102
          (Address of principal executive offices, including zip code)
                    ----------------------------------------

       Tandy Corporation Unfunded Deferred Compensation Plan for Directors
                            (Full title of the plan)

       M. C. Hill, Vice President Corporate Secretary and General Counsel
                                Tandy Corporation
                       100 Throckmorton Street, Suite 1900
                             Fort Worth, Texas 76102
                                 (817)-415-3924
 (Name, Address and Telephone Number, including Area Code, of Agent for Service)
<TABLE>
<CAPTION>

                         CALCULATION OF REGISTRATION FEE
<S>                       <C>                   <C>                    <C>                     <C>     

------------------------ ---------------------- ---------------------- ----------------------- ----------------------
       Title of                                       Proposed                Proposed
      Securities                Amount                 Maximum                Maximum                Amount of
         to be                   to be             offering price            aggregate             Registration
      Registered            Registered (1)          per share(2)           offering price             Fee(2)

------------------------ ---------------------- ---------------------- ----------------------- ----------------------
Common Stock,
$1 par value               75,000               $46.31                 $3,473,250              $1,204.61
Preferred Share
Purchase Rights
------------------------ ---------------------- ---------------------- ----------------------- ----------------------
------------------------ ---------------------- ---------------------- ----------------------- ----------------------
Deferred                 $ 2,000,000
Director Fee                                                                    100%                          
Obligations(3)(4)
------------------------ ---------------------- ---------------------- ----------------------- ----------------------

</TABLE>

(1) The number of shares to be registered  has been computed on the basis of the
Issuer's  estimate of the aggreagate  number of shares which will be needed over
the  life of the  Tandy  Corporation  Unfunded  Deferred  Compensation  Plan for
Directors.  One Preferred  Share Purchase Right  automatically  trades with each
share of Common Stock and is evidenced by the certificate for the Common Stock.

(2)  Estimated  pursuant to paragraph  (h) of Rule 457 solely for the purpose of
calculating the  reegistration fee based on the average of the reported high and
low sales  prices for a share of Ccmmon  Stock on March 18,  1998 as reported on
the New York Stock Exchange.

(3) The Deferred  Director Fee Obligations  are unsercured  obligations of Tandy
Corporation  to pay director  fees and other amounts in the future in accordance
with the terms of the Tandy Corpration  Unfunded Deferred  Compensation Plan for
Directors.

(4) Represents  registration  of obligations  concerning  $2,000,000 that may be
deferred pursuant to the Tandy Corproation  Unfunded Deferred  Compensation Plan
for Directors.


                                     PART II

               INFORMATION REQUIRED IN THE REGISTRATION STATEMENT

Item 3. INCORPORATION OF DOCUMENTS BY REFERENCE

         The  following  documents,  which have been filed (File No.  1-5571) by
Tandy  Corporation  ("Tandy" or  "Registrant")  with the Securities and Exchange
Commission  (the  "Commission")  pursuant to the  Securities and Exchange Act of
1934,  as amended  (the "1934  Act"),  are  incorporated  by  reference  in this
Registration  Statement and shall be deemed a part hereof:  (a) the Registrant's
Annual  Report on Form 10-K for the fiscal year ended  December  31,  1996;  (b)
Tandy's  Quarterly  Reports on Form 10-Q for the periods  ended March 31,  1997,
June 30, 1997 and September 30, 1997;  (c) Tandy's  Current  Reports on Form 8-K
filed on January 14,  1997,  January 22, 1997,  July 21, 1997,  August 22, 1997,
November 6, 1997 and February 2, 1998; and (d) the description of Tandy's Common
Stock,  par value $1.00 per share ("Common  Stock") and Preferred Share Purchase
Rights  contained in the prospectus  forming part of Registration  Statement No.
33-45180.

         All documents  subsequently filed by Tandy with the Commission pursuant
to Sections 13 (a), 13 (c), 14 or 15 (d) of the 1934 Act and prior to the filing
of a post-effective amendment which indicates that all securities offered hereby
have been sold or which deregisters all securities then remaining unsold,  shall
be deemed to be incorporated by reference in the  Registration  Statement and to
be a part  hereof  from the date of  filing  of such  documents.  Any  statement
contained in a document  incorporated  or deemed to be incorporated by reference
herein  shall be  deemed to be  modified  or  superseded  for  purposes  of this
Registration  Statement to the extent that a statement  contained  herein, or in
any  other  subsequently  filed  document,  that  also  is  or is  deemed  to be
incorporated by reference  herein,  modifies or supersedes  such statement.  Any
such  statement  so modified  or  superseded  shall not be deemed,  except as so
modified or superseded, to constitute a part of this Registration Statement.

Item 4.  Description of Securities.

         The securities being registered include obligations (the "Obligations")
of the Registrant,  under the Registrant's  Unfunded Deferred  Compensation Plan
for Directors (the "Plan"), to pay to its directors retainer fees, meeting fees,
as well as amounts due (the "Retirement  Amount") under a previously  terminated
director retirement plan, in the form of either cash or Common Stock that may be
issued to participants in satisfaction of the Obligations.

         Under the Plan, a director may elect to defer  payment of all of his or
her  Retirement  Amount  and  all or a  portion  of his or her  directors  fees,
including  cash  or  Common  Stock  and  dividends   attributable  thereto.  The
Registrant will maintain a memorandum cash account  reflecting the deferred cash
fees, and two memorandum stock accounts  respectively  reflecting the Retirement
Amount  and fees  payable in the form of Common  Stock that have been  deferred.
Interest will accrue on the amounts in the cash  account.  The  Registrant  will
credit directors with an amount equal to dividends attributable to the number of
shares of Common  Stock  credited to his or her stock  accounts.  It will either
credit this amount to each such director's  cash account,  or pay this amount in
cash to each such  director.  The  Registrant  will also credit to a  director's
stock  account an  additional  number of shares of Common  Stock equal to twenty
five  percent  of the shares of Common  Stock  initially  credited  to the stock
account if a director  defers  payment of these  shares for three  years or more
from the date of the initial deferral.

         Payment of deferred  fees  credited to a cash  account  will be made in
cash.  Payment of the deferred  Retirement Amount and fees credited to the stock
accounts will be made in Common Stock.  The deferred fees and Retirement  Amount
will be paid to the director  either (i) in a lump sum on the date  specified by
the director,  (ii) in substantially  equal annual  installments,  not to exceed
ten,  (iii) in a lump sum upon a Change  in  Control  or  threatened  Change  in
Control  (as defined in the Plan),  or (iv) if no  election is made,  on 60 days
following the date director ceases to serve as a director.

         If a director dies before deferred  amounts credited to his or her cash
account or stock accounts have been  distributed,  the balance of any Retirement
Amount,  deferred  fees,  dividends  and interest in the  accounts  will be paid
promptly to the director's  designated  beneficiary in the manner  designated by
the director,  or if no method is selected,  within 60 days after the director's
death. If a director does not designate any  beneficiaries or the  beneficiaries
have  predeceased the director,  the balance in the accounts will be paid to the
director's estate.

         During the director's  lifetime,  the right to the  Retirement  Amount,
deferred  fees,  dividends,  cash and  interest in the Plan  accounts may not be
transferred,  assigned,  hypothecated or pledged to any person. Any such attempt
to transfer, assign, hypothecate or pledge the accounts will be void.

         The right of a director to receive  payment of deferred  amounts  under
the  provisions  of the Plan shall be an  unsecured  claim  against  the general
assets of the Registrant. The maintenance of individual director accounts is for
bookkeeping  purposes  only.  The  Registrant is not obligated to acquire or set
aside any particular assets for the discharge of its obligations,  nor shall any
director  have  any  property  rights  in  any  particular  assets  held  by the
Registrant,  whether or not held for the  purpose of  meeting  the  Registrant's
obligations  hereunder.  The Obligations will not have the benefit of a negative
pledge  or any  other  affirmative  or  negative  covenant  on the  part  of the
Registrant.

         The Obligations  are not subject to redemption,  although they could be
redeemed in the case of termination  of the Plan.  The  Registrant  reserves the
right to modify the Plan from time to time or terminate the Plan  entirely,  but
no  modification  or  termination  of the Plan will  operate to annul a deferral
election  already  in effect  for the  calendar  year in which the  modification
occurs or any preceding calendar year.


Item 5. Interests of Named Experts and Counsel.

         An opinion  concerning the validity of the issuance of shares of Common
Stock and the validity  and binding  nature of the  Obligations  has been passed
upon for the Registrant by Mark C. Hill, Vice President, Corporate Secretary and
General Counsel of the Registrant.  Mr. Hill  beneficially owns or has rights to
acquire under employee  benefit plans, an aggregate of less than 1% of shares of
Common Stock.

Item 6.  INDEMNIFICATION OF OFFICERS AND DIRECTORS

         Section 145 of the Delaware General Corporation Law grants corporations
the power to indemnify  officers and  directors in terms  sufficiently  broad to
permit  such  indemnification   under  certain   circumstances  for  liabilities
(including reimbursement for expenses incurred) arising under the Securities Act
of 1933,  as amended (the  "Securities  Act").  Article XIV of the  Registrant's
Restated  Bylaws  provides  for  indemnification  of  its  directors,  officers,
employees and other agents to the maximum extent permitted by Section 145 of the
Delaware General Corporation Law.

         Insofar as indemnification for liabilities arising under the Securities
Act may be  permitted to  directors,  officers  and  controlling  persons of the
Registrant  pursuant to the Delaware  General  Corporation Law and the foregoing
Bylaw  provision  or  otherwise,  the  Registrant  has been  advised that in the
opinion of the  Commission  such  indemnification  is against  public  policy as
expressed in the Securities Act and is, therefore,  unenforceable.  In the event
that a claim  for  indemnification  against  such  liabilities  (other  than the
payment by the Registrant of expenses incurred or paid by a director, officer or
controlling  person of the Registrant in the  successful  defense of any action,
suit or proceeding) is asserted by such director,  officer or controlling person
in connection with the securities being registered,  the Registrant will, unless
in the  opinion  of its  counsel  the matter  has been  settled  by  controlling
precedent,  submit to a court of appropriate  jurisdiction  the question whether
such  indemnification  by it is  against  public  policy  as  expressed  in  the
Securities Act and will be governed by the final adjudication of such issue.

         The Registrant  carries  directors' and officers'  liability  insurance
policies  under which all of the directors and executive  officers of Registrant
are insured against loss imposed upon them with respect to their legal liability
for breach of their duty to Registrant. Excluded from coverage under said policy
are fines and penalties imposed by law upon such directors and officers or other
matters  which may be deemed  uninsurable  such as  material  acts of active and
deliberate dishonesty committed by the insured with actual dishonest purpose and
intent. In addition, the Registrant has entered into indemnification  agreements
with its  directors  and certain  officers  for  indemnification  to the fullest
extent permitted by applicable law.

Item 7. Exemption From Registration Claimed.

Not applicable.

Item 8. Exhibits.

Exhibit 3           Articles of Incorporation and By-laws.

                    Tandy Corporation Restated Certificate of Incorporation,  as
                    amended through February 14, 1992, including Certificates of
                    Designation  for  Series  A  Preferred  Stock  and  Series B
                    Preferred Stock.

                    Tandy  Corporation  Restated  Bylaws as amended and restated
                    through January 1, 1996.

Exhibit 4           Instruments defining the rights of security holders.

                    Tandy Corporation  Unfunded  Deferred  Compensation Plan for
                    Directors.

Exhibit 5           Opinion re legality

                    Opinion of Mark C. Hill, Vice President, Corporate Secretary
                    and General  Counsel,  as to the legality of the  securities
                    being registered, including consent.

Exhibit 23          Consents of experts and counsel.

                    Price Waterhouse LLP, Independent Accountants.

                    Mark  C.  Hill,  Vice  President,  Corporate  Secretary  and
                    General Counsel (included in Exhibit 5).


Item 9. Undertakings.
The undersigned Registrant hereby undertakes:

         (a)(1) To file,  during any  period in which  offers or sales are being
made, a post-effective amendment to this Registration Statement:

          (i) to include  any  prospectus  required  by section  10(a)(3) of the
          Securities Act of 1933;

          (ii) to reflect in the  prospectus  any facts or events  arising after
          the effective date of the  Registration  Statement (or the most recent
          post-effective  amendment  thereof)  which,  individually  or  in  the
          aggregate, represent a fundamental change in the information set forth
          in the Registration Statement; and/or

          (iii) to include any material  information with respect to the plan of
          distribution not previously disclosed in the Registration Statement or
          any material change to such information in the Registration Statement.

         Provided,  however,  that paragraphs  (a)(1) (i) and (a)(1) (ii) do not
apply if the information  required to be included in a post-effective  amendment
by those  paragraphs is contained in periodic  reports  filed by the  Registrant
pursuant to section 13 or section 15(d) of the 1934 Act that are incorporated by
reference in the Registration Statement.

         (2) That,  for the  purpose  of  determining  any  liability  under the
Securities Act, each such  post-effective  amendment shall be deemed to be a new
Registration  Statement  relating to the  securities  offered  therein,  and the
offering of such  securities at that time shall be deemed to be the initial bona
fide offering thereof.

         (3) To remove from registration by means of a post-effective  amendment
any of the securities being registered which remain unsold at the termination of
the offering.

         (4) The undersigned  Registrant hereby undertakes that, for purposes of
determining  any  liability  under  the  Securities  Act,  each  filing  of  the
Registrant's  annual  report  pursuant to section 13 (a) or section 15(d) of the
1934 Act that is incorporated by reference in the  Registration  Statement shall
be deemed to be a new Registration  Statement relating to the securities offered
therein,  and the offering of such securities at that time shall be deemed to be
the initial bona fide offering thereof.

         (5) The undersigned Registrant hereby undertakes to deliver or cause to
be delivered with the prospectus,  to each person to whom the prospectus is sent
or given,  the latest annual report to security  holders that is incorporated by
reference  in  the  prospectus  and  furnished   pursuant  to  and  meeting  the
requirements  of Rule 14a-3 or Rule 14c-3 under the 1934 Act; and, where interim
financial information required to be presented by Article 3 of Regulation S-X is
not set forth in the  prospectus,  to deliver,  or cause to be delivered to each
person to whom the prospectus is sent or given, the latest quarterly report that
is  specifically  incorporated  by reference in the  prospectus  to provide such
interim financial information.

         (6) The undertaking regarding indemnification of officers and directors
is included as part of Item 6, which is incorporated into Item 9 by reference.



                                                   SIGNATURES

         The Registrant.  Pursuant to the  requirements of the Securities Act of
1933, the Registrant certifies that it has reasonable grounds to believe that it
meets  all the  requirements  for  filing on Form S-8 and has duly  caused  this
Registration Statement to be signed on its behalf by the undersigned,  thereunto
duly authorized,  in the City of Fort Worth,  State of Texas, on the 19th day of
March, 1998.

                                               Tandy Corporation


                                                By:      /S/  John V. Roach
                                                    John V. Roach, Chairman and
                                                    Chief Executive Officer

         Pursuant  to the  requirements  of the  Securities  Act of  1933,  this
Registration  Statement  has been signed below by the  following  persons in the
capacities indicated on the 19th day of March, 1998.

Signature                                                   Title



        /S/ John V. Roach                             Chairman of the Board and 
John V. Roach                                         Chief Executive Officer



        /S/  Dwain H. Hughes                          Senior Vice President and 
Dwain H. Hughes                                       Chief Financial Officer



        /S/  James I Cash, Jr.                        Director
James I. Cash, Jr.



        /S/  Ronald E. Elmquist                       Director
Ronald E. Elmquist



        /S/  Lewis F. Kornfeld, Jr.                   Director
Lewis F. Kornfeld, Jr.



        /S/  Jack L. Messman                          Director
Jack L. Messman



        /S/  William G. Morton, Jr.                   Director
William G. Morton, Jr.



        /S/  Thomas G. Plaskett                       Director
Thomas G. Plaskett



        /S/  Leonard H. Roberts                       Director
Leonard H. Roberts



        /S/  Alfred J. Stein                          Director
Alfred J. Stein



        /S/  William E. Tucker                        Director
William E. Tucker



        /S/  John A. Wilson                           Director
John A. Wilson




                                                INDEX TO EXHIBITS

       Item.
        No.

Exhibit 3           Articles of Incorporation and By-laws.

                    Tandy Corporation Restated Certificate of Incorporation,  as
                    amended through February 14, 1992, including Certificates of
                    Designation  for  Series  A  Preferred  Stock  and  Series B
                    Preferred Stock.

                    Tandy  Corporation  Bylaws as amended and  restated  through
                    January 1, 1996.

Exhibit 4           Instruments defining the rights of security holders.

                    Tandy Corporation  Unfunded  Deferred  Compensation Plan for
                    Directors.

Exhibit 5           Opinion re legality.

                    Opinion of Mark C. Hill, Vice President, Corporate Secretary
                    and General  Counsel,  as to the legality of the  securities
                    being registered, including consent.

Exhibit 23          Consents of experts and counsel.

                    Price Waterhouse LLP, Independent Accountants.

                    Mark  C.  Hill,  Vice  President,  Corporate  Secretary  and
                    General Counsel (included in Exhibit 5).
[{"type": "S-8", "sequence": "1", "description": "TANDY CORP. UNFUNDED DEF. COMP. PLAN FOR DIR", "secsgml_size_bytes": 21940}]
{"company-data": {"conformed-name": "TANDY CORP /DE/", "cik": "0000096289", "assigned-sic": "5731", "irs-number": "751047710", "state-of-incorporation": "DE", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "S-8", "act": "33", "file-number": "333-48331", "film-number": "98569825"}, "business-address": {"street1": "100 THROCKMORTON ST", "street2": "STE 1800", "city": "FORT WORTH", "state": "TX", "zip": "76102", "phone": "8173903700"}, "mail-address": {"street1": "100 THROCKMORTON SUITE 1800", "city": "FORTH WORTH", "state": "TX", "zip": "76102"}, "former-company": [{"former-conformed-name": "TANDY LEATHER CO", "date-changed": "19681216"}, {"former-conformed-name": "AMERICAN HIDE & LEATHER CO", "date-changed": "19660825"}]}
File No. 333 -

   ===========================================================================

                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549
                     --------------------------------------

                                    FORM S-8

                             REGISTRATION STATEMENT

                                      Under

                           THE SECURITIES ACT OF 1933

                                TANDY CORPORATION
             (Exact name of Registrant as specified in its charter)

          Delaware                                        75-1047710
  (State or other jurisdiction                         (I.R.S. Employer
of incorporation or organization)                     Identification No.)
                       
                      100 Throckmorton Street, Suite 1800
                             Fort Worth, Texas 76102
          (Address of principal executive offices, including zip code)
                    ----------------------------------------

       Tandy Corporation Unfunded Deferred Compensation Plan for Directors
                            (Full title of the plan)

       M. C. Hill, Vice President Corporate Secretary and General Counsel
                                Tandy Corporation
                       100 Throckmorton Street, Suite 1900
                             Fort Worth, Texas 76102
                                 (817)-415-3924
 (Name, Address and Telephone Number, including Area Code, of Agent for Service)
CALCULATION OF REGISTRATION FEE
------------------------ ---------------------- ---------------------- ----------------------- ----------------------
       Title of                                       Proposed                Proposed
      Securities                Amount                 Maximum                Maximum                Amount of
         to be                   to be             offering price            aggregate             Registration
      Registered            Registered (1)          per share(2)           offering price             Fee(2)

------------------------ ---------------------- ---------------------- ----------------------- ----------------------
Common Stock,
$1 par value               75,000               $46.31                 $3,473,250              $1,204.61
Preferred Share
Purchase Rights
------------------------ ---------------------- ---------------------- ----------------------- ----------------------
------------------------ ---------------------- ---------------------- ----------------------- ----------------------
Deferred                 $ 2,000,000
Director Fee                                                                    100%                          
Obligations(3)(4)
------------------------ ---------------------- ---------------------- ----------------------- ----------------------
(1) The number of shares to be registered  has been computed on the basis of the
Issuer's  estimate of the aggreagate  number of shares which will be needed over
the  life of the  Tandy  Corporation  Unfunded  Deferred  Compensation  Plan for
Directors.  One Preferred  Share Purchase Right  automatically  trades with each
share of Common Stock and is evidenced by the certificate for the Common Stock.

(2)  Estimated  pursuant to paragraph  (h) of Rule 457 solely for the purpose of
calculating the  reegistration fee based on the average of the reported high and
low sales  prices for a share of Ccmmon  Stock on March 18,  1998 as reported on
the New York Stock Exchange.

(3) The Deferred  Director Fee Obligations  are unsercured  obligations of Tandy
Corporation  to pay director  fees and other amounts in the future in accordance
with the terms of the Tandy Corpration  Unfunded Deferred  Compensation Plan for
Directors.

(4) Represents  registration  of obligations  concerning  $2,000,000 that may be
deferred pursuant to the Tandy Corproation  Unfunded Deferred  Compensation Plan
for Directors.

                                     PART II

               INFORMATION REQUIRED IN THE REGISTRATION STATEMENT

Item 3. INCORPORATION OF DOCUMENTS BY REFERENCE

         The  following  documents,  which have been filed (File No.  1-5571) by
Tandy  Corporation  ("Tandy" or  "Registrant")  with the Securities and Exchange
Commission  (the  "Commission")  pursuant to the  Securities and Exchange Act of
1934,  as amended  (the "1934  Act"),  are  incorporated  by  reference  in this
Registration  Statement and shall be deemed a part hereof:  (a) the Registrant's
Annual  Report on Form 10-K for the fiscal year ended  December  31,  1996;  (b)
Tandy's  Quarterly  Reports on Form 10-Q for the periods  ended March 31,  1997,
June 30, 1997 and September 30, 1997;  (c) Tandy's  Current  Reports on Form 8-K
filed on January 14,  1997,  January 22, 1997,  July 21, 1997,  August 22, 1997,
November 6, 1997 and February 2, 1998; and (d) the description of Tandy's Common
Stock,  par value $1.00 per share ("Common  Stock") and Preferred Share Purchase
Rights  contained in the prospectus  forming part of Registration  Statement No.
33-45180.

         All documents  subsequently filed by Tandy with the Commission pursuant
to Sections 13 (a), 13 (c), 14 or 15 (d) of the 1934 Act and prior to the filing
of a post-effective amendment which indicates that all securities offered hereby
have been sold or which deregisters all securities then remaining unsold,  shall
be deemed to be incorporated by reference in the  Registration  Statement and to
be a part  hereof  from the date of  filing  of such  documents.  Any  statement
contained in a document  incorporated  or deemed to be incorporated by reference
herein  shall be  deemed to be  modified  or  superseded  for  purposes  of this
Registration  Statement to the extent that a statement  contained  herein, or in
any  other  subsequently  filed  document,  that  also  is  or is  deemed  to be
incorporated by reference  herein,  modifies or supersedes  such statement.  Any
such  statement  so modified  or  superseded  shall not be deemed,  except as so
modified or superseded, to constitute a part of this Registration Statement.

Item 4.  Description of Securities.

         The securities being registered include obligations (the "Obligations")
of the Registrant,  under the Registrant's  Unfunded Deferred  Compensation Plan
for Directors (the "Plan"), to pay to its directors retainer fees, meeting fees,
as well as amounts due (the "Retirement  Amount") under a previously  terminated
director retirement plan, in the form of either cash or Common Stock that may be
issued to participants in satisfaction of the Obligations.

         Under the Plan, a director may elect to defer  payment of all of his or
her  Retirement  Amount  and  all or a  portion  of his or her  directors  fees,
including  cash  or  Common  Stock  and  dividends   attributable  thereto.  The
Registrant will maintain a memorandum cash account  reflecting the deferred cash
fees, and two memorandum stock accounts  respectively  reflecting the Retirement
Amount  and fees  payable in the form of Common  Stock that have been  deferred.
Interest will accrue on the amounts in the cash  account.  The  Registrant  will
credit directors with an amount equal to dividends attributable to the number of
shares of Common  Stock  credited to his or her stock  accounts.  It will either
credit this amount to each such director's  cash account,  or pay this amount in
cash to each such  director.  The  Registrant  will also credit to a  director's
stock  account an  additional  number of shares of Common  Stock equal to twenty
five  percent  of the shares of Common  Stock  initially  credited  to the stock
account if a director  defers  payment of these  shares for three  years or more
from the date of the initial deferral.

         Payment of deferred  fees  credited to a cash  account  will be made in
cash.  Payment of the deferred  Retirement Amount and fees credited to the stock
accounts will be made in Common Stock.  The deferred fees and Retirement  Amount
will be paid to the director  either (i) in a lump sum on the date  specified by
the director,  (ii) in substantially  equal annual  installments,  not to exceed
ten,  (iii) in a lump sum upon a Change  in  Control  or  threatened  Change  in
Control  (as defined in the Plan),  or (iv) if no  election is made,  on 60 days
following the date director ceases to serve as a director.

         If a director dies before deferred  amounts credited to his or her cash
account or stock accounts have been  distributed,  the balance of any Retirement
Amount,  deferred  fees,  dividends  and interest in the  accounts  will be paid
promptly to the director's  designated  beneficiary in the manner  designated by
the director,  or if no method is selected,  within 60 days after the director's
death. If a director does not designate any  beneficiaries or the  beneficiaries
have  predeceased the director,  the balance in the accounts will be paid to the
director's estate.

         During the director's  lifetime,  the right to the  Retirement  Amount,
deferred  fees,  dividends,  cash and  interest in the Plan  accounts may not be
transferred,  assigned,  hypothecated or pledged to any person. Any such attempt
to transfer, assign, hypothecate or pledge the accounts will be void.

         The right of a director to receive  payment of deferred  amounts  under
the  provisions  of the Plan shall be an  unsecured  claim  against  the general
assets of the Registrant. The maintenance of individual director accounts is for
bookkeeping  purposes  only.  The  Registrant is not obligated to acquire or set
aside any particular assets for the discharge of its obligations,  nor shall any
director  have  any  property  rights  in  any  particular  assets  held  by the
Registrant,  whether or not held for the  purpose of  meeting  the  Registrant's
obligations  hereunder.  The Obligations will not have the benefit of a negative
pledge  or any  other  affirmative  or  negative  covenant  on the  part  of the
Registrant.

         The Obligations  are not subject to redemption,  although they could be
redeemed in the case of termination  of the Plan.  The  Registrant  reserves the
right to modify the Plan from time to time or terminate the Plan  entirely,  but
no  modification  or  termination  of the Plan will  operate to annul a deferral
election  already  in effect  for the  calendar  year in which the  modification
occurs or any preceding calendar year.

Item 5. Interests of Named Experts and Counsel.

         An opinion  concerning the validity of the issuance of shares of Common
Stock and the validity  and binding  nature of the  Obligations  has been passed
upon for the Registrant by Mark C. Hill, Vice President, Corporate Secretary and
General Counsel of the Registrant.  Mr. Hill  beneficially owns or has rights to
acquire under employee  benefit plans, an aggregate of less than 1% of shares of
Common Stock.

Item 6.  INDEMNIFICATION OF OFFICERS AND DIRECTORS

         Section 145 of the Delaware General Corporation Law grants corporations
the power to indemnify  officers and  directors in terms  sufficiently  broad to
permit  such  indemnification   under  certain   circumstances  for  liabilities
(including reimbursement for expenses incurred) arising under the Securities Act
of 1933,  as amended (the  "Securities  Act").  Article XIV of the  Registrant's
Restated  Bylaws  provides  for  indemnification  of  its  directors,  officers,
employees and other agents to the maximum extent permitted by Section 145 of the
Delaware General Corporation Law.

         Insofar as indemnification for liabilities arising under the Securities
Act may be  permitted to  directors,  officers  and  controlling  persons of the
Registrant  pursuant to the Delaware  General  Corporation Law and the foregoing
Bylaw  provision  or  otherwise,  the  Registrant  has been  advised that in the
opinion of the  Commission  such  indemnification  is against  public  policy as
expressed in the Securities Act and is, therefore,  unenforceable.  In the event
that a claim  for  indemnification  against  such  liabilities  (other  than the
payment by the Registrant of expenses incurred or paid by a director, officer or
controlling  person of the Registrant in the  successful  defense of any action,
suit or proceeding) is asserted by such director,  officer or controlling person
in connection with the securities being registered,  the Registrant will, unless
in the  opinion  of its  counsel  the matter  has been  settled  by  controlling
precedent,  submit to a court of appropriate  jurisdiction  the question whether
such  indemnification  by it is  against  public  policy  as  expressed  in  the
Securities Act and will be governed by the final adjudication of such issue.

         The Registrant  carries  directors' and officers'  liability  insurance
policies  under which all of the directors and executive  officers of Registrant
are insured against loss imposed upon them with respect to their legal liability
for breach of their duty to Registrant. Excluded from coverage under said policy
are fines and penalties imposed by law upon such directors and officers or other
matters  which may be deemed  uninsurable  such as  material  acts of active and
deliberate dishonesty committed by the insured with actual dishonest purpose and
intent. In addition, the Registrant has entered into indemnification  agreements
with its  directors  and certain  officers  for  indemnification  to the fullest
extent permitted by applicable law.

Item 7. Exemption From Registration Claimed.

Not applicable.

Item 8. Exhibits.

Exhibit 3           Articles of Incorporation and By-laws.

                    Tandy Corporation Restated Certificate of Incorporation,  as
                    amended through February 14, 1992, including Certificates of
                    Designation  for  Series  A  Preferred  Stock  and  Series B
                    Preferred Stock.

                    Tandy  Corporation  Restated  Bylaws as amended and restated
                    through January 1, 1996.

Exhibit 4           Instruments defining the rights of security holders.

                    Tandy Corporation  Unfunded  Deferred  Compensation Plan for
                    Directors.

Exhibit 5           Opinion re legality

                    Opinion of Mark C. Hill, Vice President, Corporate Secretary
                    and General  Counsel,  as to the legality of the  securities
                    being registered, including consent.

Exhibit 23          Consents of experts and counsel.

                    Price Waterhouse LLP, Independent Accountants.

                    Mark  C.  Hill,  Vice  President,  Corporate  Secretary  and
                    General Counsel (included in Exhibit 5).

Item 9. Undertakings.
The undersigned Registrant hereby undertakes:

         (a)(1) To file,  during any  period in which  offers or sales are being
made, a post-effective amendment to this Registration Statement:

          (i) to include  any  prospectus  required  by section  10(a)(3) of the
          Securities Act of 1933;

          (ii) to reflect in the  prospectus  any facts or events  arising after
          the effective date of the  Registration  Statement (or the most recent
          post-effective  amendment  thereof)  which,  individually  or  in  the
          aggregate, represent a fundamental change in the information set forth
          in the Registration Statement; and/or

          (iii) to include any material  information with respect to the plan of
          distribution not previously disclosed in the Registration Statement or
          any material change to such information in the Registration Statement.

         Provided,  however,  that paragraphs  (a)(1) (i) and (a)(1) (ii) do not
apply if the information  required to be included in a post-effective  amendment
by those  paragraphs is contained in periodic  reports  filed by the  Registrant
pursuant to section 13 or section 15(d) of the 1934 Act that are incorporated by
reference in the Registration Statement.

         (2) That,  for the  purpose  of  determining  any  liability  under the
Securities Act, each such  post-effective  amendment shall be deemed to be a new
Registration  Statement  relating to the  securities  offered  therein,  and the
offering of such  securities at that time shall be deemed to be the initial bona
fide offering thereof.

         (3) To remove from registration by means of a post-effective  amendment
any of the securities being registered which remain unsold at the termination of
the offering.

         (4) The undersigned  Registrant hereby undertakes that, for purposes of
determining  any  liability  under  the  Securities  Act,  each  filing  of  the
Registrant's  annual  report  pursuant to section 13 (a) or section 15(d) of the
1934 Act that is incorporated by reference in the  Registration  Statement shall
be deemed to be a new Registration  Statement relating to the securities offered
therein,  and the offering of such securities at that time shall be deemed to be
the initial bona fide offering thereof.

         (5) The undersigned Registrant hereby undertakes to deliver or cause to
be delivered with the prospectus,  to each person to whom the prospectus is sent
or given,  the latest annual report to security  holders that is incorporated by
reference  in  the  prospectus  and  furnished   pursuant  to  and  meeting  the
requirements  of Rule 14a-3 or Rule 14c-3 under the 1934 Act; and, where interim
financial information required to be presented by Article 3 of Regulation S-X is
not set forth in the  prospectus,  to deliver,  or cause to be delivered to each
person to whom the prospectus is sent or given, the latest quarterly report that
is  specifically  incorporated  by reference in the  prospectus  to provide such
interim financial information.

         (6) The undertaking regarding indemnification of officers and directors
is included as part of Item 6, which is incorporated into Item 9 by reference.

                                                   SIGNATURES

         The Registrant.  Pursuant to the  requirements of the Securities Act of
1933, the Registrant certifies that it has reasonable grounds to believe that it
meets  all the  requirements  for  filing on Form S-8 and has duly  caused  this
Registration Statement to be signed on its behalf by the undersigned,  thereunto
duly authorized,  in the City of Fort Worth,  State of Texas, on the 19th day of
March, 1998.

                                               Tandy Corporation

                                                By:      /S/  John V. Roach
                                                    John V. Roach, Chairman and
                                                    Chief Executive Officer

         Pursuant  to the  requirements  of the  Securities  Act of  1933,  this
Registration  Statement  has been signed below by the  following  persons in the
capacities indicated on the 19th day of March, 1998.

Signature                                                   Title

        /S/ John V. Roach                             Chairman of the Board and 
John V. Roach                                         Chief Executive Officer

        /S/  Dwain H. Hughes                          Senior Vice President and 
Dwain H. Hughes                                       Chief Financial Officer

        /S/  James I Cash, Jr.                        Director
James I. Cash, Jr.

        /S/  Ronald E. Elmquist                       Director
Ronald E. Elmquist

        /S/  Lewis F. Kornfeld, Jr.                   Director
Lewis F. Kornfeld, Jr.

        /S/  Jack L. Messman                          Director
Jack L. Messman

        /S/  William G. Morton, Jr.                   Director
William G. Morton, Jr.

        /S/  Thomas G. Plaskett                       Director
Thomas G. Plaskett

        /S/  Leonard H. Roberts                       Director
Leonard H. Roberts

        /S/  Alfred J. Stein                          Director
Alfred J. Stein

        /S/  William E. Tucker                        Director
William E. Tucker

        /S/  John A. Wilson                           Director
John A. Wilson

                                                INDEX TO EXHIBITS

       Item.
        No.

Exhibit 3           Articles of Incorporation and By-laws.

                    Tandy Corporation Restated Certificate of Incorporation,  as
                    amended through February 14, 1992, including Certificates of
                    Designation  for  Series  A  Preferred  Stock  and  Series B
                    Preferred Stock.

                    Tandy  Corporation  Bylaws as amended and  restated  through
                    January 1, 1996.

Exhibit 4           Instruments defining the rights of security holders.

                    Tandy Corporation  Unfunded  Deferred  Compensation Plan for
                    Directors.

Exhibit 5           Opinion re legality.

                    Opinion of Mark C. Hill, Vice President, Corporate Secretary
                    and General  Counsel,  as to the legality of the  securities
                    being registered, including consent.

Exhibit 23          Consents of experts and counsel.

                    Price Waterhouse LLP, Independent Accountants.

                    Mark  C.  Hill,  Vice  President,  Corporate  Secretary  and
                    General Counsel (included in Exhibit 5).