'The Source' stores go up for auction

Andre Yoskowitz
22 Jan 2009 21:23

Following the bankruptcy and liquidation of the large US retailer Circuit City, its Canadian counterpart The Source is going up for auction, and could be purchased by Best Buy.
There are currently 765 The Source stores and each is going up for auction.
There has not been an official list of potential buyers released, but the stores should be sold by Monday.
If Best Buy were to purchase any of the stores, it would be most of the smaller sized stores which can then be turned into Best Buy Mobile stores which specialize in mobile phones.

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