Leon's

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]

Leon's Furniture Ltd.
Company typePublic
TSXLNF
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)
SubsidiariesThe Brick, Appliance Canada, Trans Global Service, Furniture.ca
Websiteleons.ca

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

  1. Leon's Furniture LimitedToronto Stock Exchange. Retrieved February 3, 2025.
  2. Leon's Furniture sisters defend chainToronto Star. Retrieved February 3, 2025.
  3. Store ListingsLeon's. Retrieved February 3, 2025.
  4. There are plenty of dividend options beyond banksThe Globe and Mail. Retrieved February 3, 2025.
  5. Mike WalshThe Globe and Mail. Retrieved February 3, 2025.
  6. Leon's to take over eight Sears locationsCTV News. Retrieved February 3, 2025.
  7. Leon’s buys The Brick in $700-million dealToronto Star. Retrieved February 3, 2025.

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