Leon's
Store in Richmond Hill, Ontario | |
| Company type | Public |
|---|---|
| TSX: LNF | |
| Industry | Retail (furniture) |
| Founded | 1909; Welland, Ontario |
| Founder | Ablan Leon |
Number of locations | 84 |
Areas served | Canada |
Key people | Mike Walsh (President/CEO) Constantine Pefanis (CFO) Lewis Leon, President (Leon's) Darci Walker, President (The Brick) |
| Subsidiaries | The Brick, Appliance Canada, Trans Global Service, Furniture.ca |
| Website | leons.ca |
Leon's Furniture Ltd. (known as Meubles Léon Limité in Quebec) is a Canadian company that sells furniture, appliances, and electronics. They are headquartered in Toronto, Ontario. Leon's is traded on the Toronto Stock Exchange.[1]
The company was first created by Ablan Leon in Welland, Ontario in 1909. He first opened the store as a way to sell dry goods before eventually changing his products to furniture.[2] They have stores in every province and have 84 stores across Canada.[3] Leon's did expand into the US market in the 1990s and had 2 stores briefly in Arizona but they have since been closed.[4]
On June 2, 2015, Mike Walsh was named as the President of Leon's.[5]
When Sears Canada went bankrupt, Leon's bought most of their storefronts.[6] On November 11, 2012, Leon's bought The Brick for $700 million.[7]
References
- ↑ "Leon's Furniture Limited". Toronto Stock Exchange. Retrieved February 3, 2025.
- ↑ "Leon's Furniture sisters defend chain". Toronto Star. Retrieved February 3, 2025.
- ↑ "Store Listings". Leon's. Retrieved February 3, 2025.
- ↑ "There are plenty of dividend options beyond banks". The Globe and Mail. Retrieved February 3, 2025.
- ↑ "Mike Walsh". The Globe and Mail. Retrieved February 3, 2025.
- ↑ "Leon's to take over eight Sears locations". CTV News. Archived from the original on October 13, 2023. Retrieved February 3, 2025.
- ↑ "Leon's buys The Brick in $700-million deal". Toronto Star. Retrieved February 3, 2025.