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The Source began as the Canadian branch of Radio Shack (later "RadioShack").The first Radio Shack store in Canada was opened on April 20, 1970, in Rexdale, Ontario.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.
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.
RadioShack (formerly written as Radio Shack) is an American electronics retailer that was established in 1921 as an amateur radio mail-order business. Its original parent company, Radio Shack Corporation, was purchased by Tandy Corporation in 1962, shifting its focus from radio equipment to hobbyist electronic components sold in retail stores.
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In 1963, Tandy changed its business to electronics when it acquired control of RadioShack, a forty year old electronics business with nine stores and a mail order arm. From 1963 to 1986, RadioShack grew to more than 6900 stores and dealers in the United States, with a further 2,100 stores and dealers in Canada, Europe and Australia. [1]
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