Leons Furniture Ltd Ord (LEFUF)

Leon's Furniture Ltd was incorporated on February 28, 1969, under the name Ablan Leon Distributors Limited. The Company is a retailer of home furnishings, mattresses, appliances and electronics across Canada. Its retail banners includes Leon's, The Brick, United Furniture Warehouse and the The Brick Mattress Store. The Company owns a chain of 44 retail furniture stores operating as Leon's Furniture, 114 Brick stores operating as The Brick. Six of the Brick stores operate as Brick Clearance Centres, which sell discontinued, end of cycle, damaged and mismatched inventory from Brick stores. United Furniture Warehouse targets the lower to middle income consumer who is willing to exchange branded products and shopping experience for lower prices. As at December 31, 2013, there were 23 United Furniture Warehouse stores in Canada, one of which being a franchise location. The Brick Mattress Store offers specialty mattress locations which carry extended product lines over and above those typically carried at The Brick locations. The Company operates three showrooms all in the Province of Ontario under the banner Appliance Canada which sell higher end appliances, electronics, and mattresses. In addition, the Company has 29 franchise groups operating 34 franchised Leon's stores. Through The Brick, Appliance Canada, and Midnorthern Appliance locations, the Company is a supplier in Canada of home appliances to builders, developers, renovators, property management companies, hotel and extended care industries, landlords, insurance companies, and government bodies. The Internet division offers consumers wide selection of products, including certain products that are not carried in stores. Trans Global Services, the Company's repair service division, provides household furniture, electronics and mechanical repair services to its customers.