A&B Sound Forced To File For Bankruptcy Protection

Published: 2005-01-24
Late last week it was announced that Western Canadian electronics and music chain A&B Sound Ltd. ran into a spot of trouble. Competition from electronics giants like Best Buy and Wal-Mart proved to be too much for the regional retailer, and after 45 years of business A&B Sound was forced to file for protection under the Companies Creditors Arrangement Act.

American company Sun Capital Partners Group Inc. is to take over the 21 outlets scattered throughout British Columbia, Alberta, Saskatchewan, and Manitoba. Buyers can only hope that the change of ownership won't change the face of A&B Sound too drastically. Generally regarded as the chain store with the greatest selection and best prices in Western Canada, it can unfortunately be expected that A&B Sound's prices will most likely rise.

Nearly all of the outlets will remain open, and 800 employees will be keeping their jobs, so familiar faces and attitudes will hopefully reign supreme as the changes take place. Part of the plan to get A&B Sound back on top is to focus on supplying customers with imported CDs and DVDs, as well as targeting those who want custom-made speakers. The idea is that this will find A&B Sound its own niche, and will draw certain-minded buyers away from supply giants like the aforementioned Wal-Mart and Best Buy.

Although A&B Sound will no longer officially be a Canadian company, which we Canadians tend to take great pride in, at least it will still be standing. After all, the company could've had to close its doors completely, and then what would Western Canadian music buyers be left with?

Writer: Jaclyn Arndt



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Hello. I was also a victim of the changing marketplace. I owned a music store in Sherwood Park, AB. My knowledge about all genres of music and audio equipment is world class, but I found that all of this was still not enough to survive. Bottom line: People are cheap and uneducated about music (useless)Haha!
Posted by: Anonymous on February 04, 2005
It came as an extreme shock when the fate of A&B was announced. I'm also sorry to see another Canadian company turn to the southern borders. All the best to ALL the A&B staff and the stores.
Posted by: Anonymous on February 07, 2005
I've been an employee of A&B Sound for 3 years, and I plan to be there for many more. I am excited about the changes about to take place, and I'm looking forward to not just getting back to where we were when I started here, but growing as well [and I'm not alone in that thinking]. A&B sound is going to be around for many years to come, and we will not only continue do the things that got us this far, we will also continue to improve. To all of our loyal customers out there, thank-you for your continued support, and to "Anonymous - Feb.7" rest assured that even though the cash flow may be from the south, the people are still from the north. Thank-you for taking the time to read this.
Posted by: Anonymous on February 15, 2005
a&B Sound was purchased by Seanix Technologies Inc., which happens to be the largest Canadian Manufacturer of PC's
A&B is still Canadian owned and operated!
Posted by: Anonymous on December 12, 2005
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