A chain of 750 electronics stores across Canada currently operating as The Source by Circuit City is being acquired by Bell Canada to increase its retail presence across the country.
The stores have been on the market since Circuit City and its Canadian subsidiary sought court protection from creditors late last year.
Circuit City has since declared bankruptcy, but its InterTAN subsidiary has continued to operate while it auctioned off its Canadian chain of electronics stores, many of them former Radio Shack locations.
Bell Canada said it wants to use the stores to carry a range of consumer services, such as Bell Mobility and Solo Mobile cellphones as well as television, Internet and phone products.