|Topic Review (Newest First)|
|2009-06-12 04:51 PM|
|Larry||I spoke with a salesman in one of the The Source stores. He said that will have to continue to carry Rogers' stuff until Jan'10 due to the terms of the contract. After that - no more Rogers. They will start to carry Bell stuff soon. Apparently the deal is for Bell to take a hands-off approach and just use The Source as an outlet for their products. We'll see how well that works.|
|2009-06-12 12:50 PM|
Here in PEI
For tv here here in PEI The Source carried Shaw/Star Choice and the local cable company. Bell TV/Expressvu was not one of their offerings in the last few years. Cellphone wise it was mainly Rogers and at the moment still seems to be so. I agree that that is likely to change as Bell takes over. What I hope is that Bell doesn't change the inventory to be mainly like a Bell Phone Store. Down here The Source is one of the few good and comprehensive sources for electronic parts, cabling, connectors, small gadgets and just about every battery you can name. You can get items at The Source that are available nowhere else in this area.
|2009-06-12 12:40 PM|
|rileyparrish||Has the Source in the East carried Bell TV all along? I know in the west we used to up until around 2006 when we started solely distrubuting Shaw Direct equipment. Are they now going to be scrapping Shaw? They also sell Rogers, Cogeco and Shaw cable equipment so I have to assume they will be Bell only eventually.|
|2009-06-11 08:54 PM|
Bell Taking Over?
I notice that today's flyer from The Source includes ads for both of Bell's HD receivers. Is this the first sign of the changeover?
|2009-03-05 08:07 AM|
|Korak||I live in eastern Canada (as shown under my User Name) and we have only Bell "Authorized Dealers"?? here. So a Bell Store would be a welcome addition......|
|2009-03-04 12:57 PM|
|rileyparrish||Korak I don't know where you live, but it can't be Alberta because we have Bell dealers coming out the you know what here...they are surpassing Telus especially in Red Deer & Edmonton, not so much Calgary. Between the Bell World retail stores, WirelessWave & private dealers there is no shortage that's for sure.|
|2009-03-04 11:01 AM|
In one of the malls I visit on a regular basis there are currently 4 places where you can purchase all of Bell's mobile phones, plus a Bell Store. Now there will be another one. They should just rename the whole place to "Bell Mall".
Even before the current acquisition I often wondered why Bell need so much retail space - if a customer purchases something from their store he is unlikely to come in again until his contract expires in two or three years. They don't sell coffee or groceries.
But what do I know about people's shopping habits during economic crisis. A Mercedes-Benz dealership opened in the same mall last week!
|2009-03-04 09:22 AM|
Lets not forget that this purchase still has to go through regualtory reviews so there could be limits and restrictions to what the new stores can and can't sell. Having said that I doubt Bell buys The Source without first having an idea what they can get away with in regards to pushing Rogers and Star Choice out the door.
I think it will be interesting to see what model these stores will take. Will they just be re-branded or will they become full blown Bell stores.
|2009-03-04 07:47 AM|
|Korak||Finally, a Bell Store in my province. I guess it doesn't mean much to most of you who think that southern Ontario is the center of the world, but it means a lot to those of us who are outside "paradise"!!!|
|2009-03-04 05:51 AM|
Originally Posted by macemuscle View Post
Since the LBO has not gone through, Bell is in great postion financially. The purchase price is peanuts for Bell. Bell saved more money by holding off dividends for 3 quarters, in anticipation of their LBO going through.
|2009-03-03 09:15 PM|
|rileyparrish||I wonder though, what's in store for the JV & dealer stores....i.e. those stores do not have to carry Rogers atm anyway, maybe we will see some corporate stores go the other way and continue to operate and carry the same SKU's as they do today. Does Bell have the right to consolidate all stores under one main corporate structure?|
|2009-03-03 08:28 PM|
Yeah, I agree with that assessment....Rogers' agreement with The Source expires third quarter of this year and then they get the boot. BCE also shuts down a major *C outlet and gets 750 stores as well as a company that still manages to turn a profit - no matter what we all may think of them. I'm guessing they may also consolidate some of their Bell outlets (like at Hillcrest Mall, Richmond Hill) to save some more $$$$......
And BCE isn't teetering on the brink, they are flush with ca$h.....
|2009-03-03 08:15 PM|
|rileyparrish||Bell is killing(well wounding) two birds with one stone in this one....lets not forget about StarChoice, their #1 competitor in the TV department which is owned by their other competitor Shaw.|
|2009-03-03 05:10 PM|
|i hate tv||This sale will barely make a dent in the $1.2 Billion the Teachers pension fund has to cough up for backing out of the sale of BCE...|
|2009-03-03 04:38 PM|
I presume this was a purchase designed to hem in Rogers, rather than a pure play for expanded sales locations for wireless offerings. The irony, IIRC, is that The Source has contractual commitments to Rogers until the end of 2009. In retail, that may as well be a lifetime.
On the rest of the product sold at The Source, where's the differentiation? In earlier days, Radio Shack had a decent stock of parts. But that has since diminished in importance, and in sales.
More good money chasing after bad, as the saying goes.
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