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Leon's in Richmond Hill. Leon's Furniture Ltd. (TSX: LNF) (Meubles Léon Limité in Quebec) is a Canadian furniture retailer which first opened its store in 1909 in Welland, Ontario. The controlling interest in the company is owned by the Leon family, while some shares are traded publicly on the Toronto Stock Exchange.
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Its first expansion was to Fort McMurray, Alberta in the 1970s and later acquired a competitor in the city of Calgary. In 1975 it acquired the Bad Boy Furniture chain of 40 stores in Toronto, Ontario area. [5] Absorbed into The Brick, the rights to the Bad Boy Furniture name was lapsed and later revived by Lastman family in 1991.
The spin-off furniture division would survive another three years before closing in 1994. [2] It was the last major Canadian furniture retailer to go bankrupt. [3] After Pascal went out of business, a small furniture chain started to use the name under the trademark "Club Meubles Pascal", resulting in a legal battle with J. Pascal in 1996. [2]
Investors were surprised on Monday evening by the President-elect's social media announcement that imports from China will face an extra 10% tariff, while products from Mexico and Canada should ...
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