Leon's Furniture Ltd (TSX:LNF)


Leon's Furniture Limited is a retail conglomerate focused on providing home furnishings, appliances, and home electronics.

Canadian businessman Ablan Leon founded the company as a general merchandise business in 1909, in Welland, Southern Ontario.

The Toronto-based company provides a wide range of merchandise, including:
• Home furniture and outdoor living
• Mattresses and protectors
• Accent furniture
• Décor & accessories
• Kitchen and laundry appliances
• Small appliances
• Electronics

The company also provides entertainment units, accent table, end tables, sofa table, fireplaces, mirror, rugs, pet beds, arts, etc., under the décor and accessories category.
The electronics items include television, home theatre systems and audio speakers, smart home solutions and related TV accessories.

The Canadian company distributes the products through a network of over 300 retail outlets, wholesale distributors and online platforms.

Leon’s Furniture also provides various value-added services through specialized segments such as delivery, price guarantee, financing, after-sale services, installation and repair (through Trans Global Service), appliance/electronic warranty claim (through Kings and State) and insurance services (through Trans Global Insurance).

Leon’s Furniture also operates a commercial division to reportedly help customers furnish their commercial spaces, homes, and condos. The commercial division provides customizable enhancement solutions according to the taste and preferences of various commercial clients, including builders, developers, hotels, and property management firms.

Leon’s Furniture operates through an extensive network of associates and franchise stores located in Ontario, Saskatchewan, Quebec, Manitoba, Nova Scotia, New Brunswick, Newfoundland & Labrador, Prince Edward Island, and Northwest Territories.

It also operates through a platform of e-commerce websites, including:
• TheBrick.com
• Leons.ca
• Furniture.ca
• ApplianceCanada.com
• Tansglobalservice.com
• Tansglobalinsurance.ca

The home furnishings provider went public in 1969 with the listing on the Toronto Stock Exchange under the stock quote ‘LNF’.

Through its wholly owned subsidiaries, King and State Limited and First Oceans Trading Corporation, the company operates in Asia and the Caribbean.

The company presently owns approximately 304 stores, including 182 The Brick stores, 89 Leon’s stores, 21 The Brick Mattress stores, seven The Brick Outlet, and five Appliance Canada stores across the country.

Contact Information

company address 45 Gordon Mackay Road Toronto, Ontario M9N 3X3

company phone416 243-7880

company email[email protected]

company websitehttps://sprott.com/

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