The Source (retailer)
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Formerly called
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RadioShack Canada (1986–2004) The Source by Circuit City (2004–2009) |
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| Subsidiary | |
| Industry | Retail |
| Founded | June 1986 (as InterTAN Canada) |
| Headquarters | Barrie, Ontario, Canada |
| Products | Electronics |
| Parent |
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| Website | www |
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, American retailer Circuit City, in 2009. The Source is a unit of 4458729 Canada Inc. and is based in Barrie, Ontario.
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.
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