EXHIBIT 1
[LOGO] INTERTAN, INC.
       279 Bayview Drive, Barrie, Ontario L4M 4W5


                                  NEWS RELEASE

FOR IMMEDIATE RELEASE
---------------------
James P. Maddox, C.A.                                           May 7, 2002
Vice President and Chief Financial Officer                      IT-02-024
(705) 728-7111

                  INTERTAN REPORTS 14% SALES INCREASE FOR APRIL
                         Announces New 5% Share Buyback

TORONTO, May 7, 2002--InterTAN, Inc. (NYSE: ITN; TSX: ITA), a leading consumer
electronics retailer of both private label and nationally branded products,
today announced that sales of its Canadian subsidiary in U.S. dollars for the
month of April were $26,895,000. Measured in local currency, total sales were up
14% from the prior year. On a comparable store basis, sales for the month were
up 10% over the same period a year ago. The recently acquired Battery Plus
stores were substantially open for business after re-merchandising, re-stocking
and physical inventory on April 30, 2002. InterTAN also announced a new share
buyback of up to 5% or 1.2 million shares, subject to market conditions.

"I am pleased that our team posted broad-based growth in April. Three of our
four major product groupings produced double-digit growth, with especially high
growth in digital products. All sales regions of the Company reported
double-digit gains. Audio-video sales suffered primarily due to the continued
impact of grey-market and pirated satellite dishes, although we are encouraged
by the Supreme Court of Canada's April 26, 2002 ruling reinforcing the
illegality of unlicensed and pirated satellite signals in Canada," said Brian E.
Levy, President and Chief Executive Officer.

"While we have already seen an uptick in our satellite sales in the last several
days, dealers of unlicensed and pirated signal gear have continued their
annoying legal struggle, and obtained a temporary injunction from the Ontario
Superior Court of Justice to stay enforcement of the Supreme Court of Canada's
order pending a challenge under Canada's Charter of Rights. While it is
difficult to gauge how long the illicit dealers will attempt to stall
enforcement, we are also encouraged by the Industry Ministers' and other
governmental officials' resolve to halt these illegal practices," Levy
continued.

InterTAN's Board of Directors has authorized management to repurchase
approximately 1.2 million additional shares, or an additional 5% of common
shares outstanding from time-to-time as market conditions permit. During the
quarter ending March 31, 2002, the Company completed its fourth share buyback.
Over the past two years, InterTAN has repurchased a total of 27.8% of its
outstanding shares. "This latest share buyback authorization reflects the
Board's continuing commitment to redeploy the Company's cash flows to
shareholders' benefit both through re-investing in the growth of the business as
well as crafting an efficient capital structure," Levy concluded.

InterTAN, Inc., headquartered in Toronto, operates through approximately 960
company retail stores and dealer outlets in Canada under the trade names
RadioShack(R), Rogers AT&T Wireless Communications



Express(R), and Battery Plus(R). The Company's Australian subsidiary was sold
effective April 30, 2001. Certain assets, including 43 retail outlets under the
banner "Battery Plus(R)", were acquired by the company on April 25, 2002.

InterTAN will announce its sales results for May on June 6, 2002.

Certain information disclosed in this press release, including, among others,
statements regarding the future sales performance of digital products, and the
effect of the Supreme Court of Canada's decision concerning grey-market
satellite providers on the Company's future performance, and the Company in
general, constitutes forward-looking statements that involve risks and
uncertainties. Important factors that could cause actual results to differ
materially from those in the forward-looking statements include, but are not
limited to, consumer demand and preferences, product availability, development
of new technology, general economic conditions, and other risks indicated in
filings with the Securities and Exchange Commission such as InterTAN's
previously filed periodic reports, including its Form 10-K for the 2001 fiscal
year.

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