InterTAN
Defunct subsidiary of Tandy Corporation / From Wikipedia, the free encyclopedia
Dear Wikiwand AI, let's keep it short by simply answering these key questions:
Can you list the top facts and stats about InterTAN?
Summarize this article for a 10 year old
InterTAN Canada Ltd. was created by Tandy Corporation in 1986 to operate Radio Shack stores in Canada, Europe and Australia. After the UK locations, which were branded 'Tandy', were sold to Carphone Warehouse in 1999 and the Australian locations (which were also branded 'Tandy') to Woolworths Limited in 2001, the company's primary asset was the RadioShack franchise for Canada. InterTAN's relationship with RadioShack was terminated in 2005, after InterTAN became a wholly owned subsidiary of Circuit City on May 19, 2004.
Founded | 1986; 38 years ago (1986) |
---|---|
Defunct | 2009 (2009) |
Successor | The Source |
Headquarters | Barrie, Ontario, Canada |
Products | Consumer electronics |
Parent | Tandy Corporation |
Website | Archive of intertan.com |
InterTAN Canada Ltd. was a Canadian consumer electronics retailer based in Barrie, Ontario, that operated stores under the banner "The Source by Circuit City" and a single "THS Studio" location. The Rogers Plus chain was previously operated by InterTAN on behalf of Rogers Communications; the chain is now managed directly by Rogers. As well, conversion or closure of all UpClose and G-Wiz stores, as well as all but one THS Studio, was completed in 2006.
InterTAN filed for bankruptcy protection (under the Companies' Creditors Arrangement Act) at the same time as its U.S. parent in late 2008. However, the Canadian division was not directly affected by Circuit City's liquidation process announced on January 16, 2009. Bell Canada subsequently announced an agreement to purchase the bulk of InterTAN's assets, specifically The Source.[1]
InterTAN, the corporate entity, was not included in the sale (rather it was itself the seller),[2] and is therefore now considered defunct.