inc. formerly called radioshack canada 1986 2004 the source by circuit city 2004 2009 type subsidiary industry retail founded june 1986 ; 30 years ago 1986 06 as intertan canada headquarters barrie ontario canada products electronics parent intertan 1986 2004 circuit city 2004 2009 bce inc. 2009 present website www.thesource.ca the source french la source ; incorporated as the source bell electronics inc. is one of canada s leading consumer electronics and cell phone retailers with over 650 locations across canada . the chain goes back over 40 years in canada initially as radio shack and later as the source by circuit city . the source is now owned by bce inc. which purchased the assets of intertan from its parent bankrupt american retailer circuit city in 2009 . the source is a unit of 4458729 canada inc. and is based in barrie ontario . contents 1 background 2 products 3 product importing 4 references 5 external links background edit store in promenade . the source began as the canadian branch of radio shack later radioshack . the chain was originally owned by radio shack s american parent company tandy corporation but was spun off in june 1986 along with the rest of tandy s international operations as intertan . a licensing agreement with what became radioshack corporation allowed intertan to continue to use the chain s name and logo . intertan abandoned its non profitable west german stores in 1987 left belgium and france in 1993 sold its british stores to carphone warehouse in 1999 and sold its australian stores to woolworth subsidiary dick smith electronics in 2002 leaving just the canadian radio shack battery plus and rogers plus stores . in may 2004 intertan was acquired by circuit city . one week after the acquisition was completed radioshack corporation filed a lawsuit in the 352nd judicial district court in tarrant county texas to end the licensing agreement . radioshack corporation claimed that intertan had breached the terms of their agreement . on march 24 2005 the district court judge ruled in favour of radioshack and cancelled the agreement . the ruling prohibited intertan from using the brand name on its stores or in any of its products packaging and advertising after june 30 2005 . on april 26 2005 circuit city announced that the stores would be renamed the source by circuit city la source par circuit city in quebec . the rebranding process was completed in the majority of the chain s canadian stores by july 1 2005 . the chain also introduced new house brands including nexxtech and centrios in place of radioshack store brands . in february 2007 the source announced it would close down 62 low volume stores across canada . on march 30 2007 circuit city announced to its shareholders that it was seeking options including selling off the intertan the source subsidiary to cut losses . on november 10 2008 intertan sought protection from its creditors after circuit city filed for chapter 11 bankruptcy . circuit city announced on january 16 2009 that its namesake u.s. stores would be liquidated . the source was not affected by the announcement and a process followed to sell the canadian operations as a going concern . 1 on march 2 2009 canadian telecommunications firm bell canada announced it would acquire the source and continue to operate it as an independent division . the acquisition was completed july 1 for the final purchase price of 135 million us following which the chain removed the by circuit city from its name . prior to january 2010 the stores sold mobile phone services from bell s main competitor rogers wireless at that point the chain began to exclusively market bell owned wireless including value brand virgin mobile television and internet services . 2 the source continues to sell a full array of consumer electronics products . 3 4 products edit the source stocks a wide array of products . most of the products are consumer electronics including cellular phones computers computer accessories televisions dvd players blu ray players home theatre systems clock radios traditional telephones toys sirius satellite radio console gaming equipment cables such as hdmi dvi rca component composite vga s video usb serial etc. bell devices virgin mobile devices bell tv and mp3 players as well as a large selection of headphones including the monster and skullcandy headphone line up . product importing edit the source imports a large number of items from various parts of asia including hong kong and china . many of the self branded products come directly from asia and carry in house names like fluid instudio headrush gnarly fish kapsule and nexxtech . references edit marina strauss circuit city s the source to remain open globeandmail.com january 16 2009 rogers turns to courts in attempt to block glentel sale to bce . the globe and mail . 17 december 2014 . retrieved 18 december 2014 . simon avery bell canada snaps up the source globeandmail.com march 2 2009 bell to acquire national electronics retailer the source march 2 2009 external links edit wikimedia commons has media related to the source retailer . the source radioshack catalogs 1939 2005 v t e bce inc. corporate directors george a. cope ceo andr b rard anthony s. fell ed lumley john h. mcarthur jim pattison michael sabia paul tellier richard currie robert pozen fixed line telecommunications bell aliant atlantic canada bell canada urban on & qc bell internet isp northerntel northern on northwestel northern canada ontera northern on t l bec rural qc dmts dryden ontario area mobile telecommunications bell mobility glentel inukshuk wireless northerntel mobility northwestel including latitude wireless solo mobile t l bec mobilit virgin mobile canada television services bell fibe tv iptv urban on & qc bell mobile tv mobile iptv bell tv satellite cablevision northern qc fibreop iptv bell aliant regions other properties bell media 1 maple leaf sports & entertainment 28 % 2 montreal canadiens 18 % the source advertising and sponsorships bell centre frank and gordon kids help phone solo mobile eckored tour tiff bell lightbox related at & t corporation nortel society of composers authors and music publishers of canada v bell canada telesat canada 2an additional 9.5 % interest is held by the bce master trust fund bell s pension plan . retrieved from https en.wikipedia.org w index.php title the source retailer & oldid 742393897 categories bell canadacompanies based in barrieretail companies established in 1986consumer electronics retailers of canadaradioshack1986 establishments in ontariohidden categories pages using infobox company with unsupported parametersarticles containing french language textcommons category template with no category setcommons category without a link on wikidata navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent 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