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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 .
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.
Throughout the 21st century, retail businesses in Canada have felt the pressures of foreign store expansions into the country, as well as a shift towards online retail. As a result, closures have been a mix of stores unique to the nation, as well as newcomers like Target Canada.
Canada is the world's eighth-largest economy as of 2022, with a nominal GDP of approximately US$2.2 trillion. [1] It is a member of the Organisation for Economic Co-operation and Development (OECD) and the Group of Seven (G7), and is one of the world's top ten trading nations , with a highly globalized economy.
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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]
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The following is a list of Canada's largest enclosed shopping malls, by reported total retail floor space, or gross leasable area (GLA) with 750,000 square feet (70,000 m 2) and over. In cases where malls have equal areas, they are further ranked by the number of stores.
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