InterTAN Company Description
InterTAN Canada takes customers to the source for electronics. The company operates through some 770 company-owned and dealer outlets, mostly under The Source By Circuit City banner. Its flagship chain, The Source, sells such items as digital audio equipment, cameras, cell phones, computers, and electronic games. Formed in 1986 as a holding company for the international retail operations of Tandy (now RadioShack), InterTAN was later spun off and sold its UK and Australian businesses. The company was acquired by Circuit City in 2004. Ailing Circuit City filed for Chapter 11 bankruptcy protection in the US in late 2008 and is seeking protection under the Companies' Creditors Arrangement Act for its Canadian arm.
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The Company Description provides a historical perspective of InterTAN's organization from inception to current status.
Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of InterTAN's evolution in the marketplace.
