Private company

Leon's

Logo: PDF of local newspaper, Non-free logo, via Wikipedia3

Canadian furniture retailer

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. The company has stores in all provinces of Canada.2 Wikipedia text CC BY-SA 4.0

Last updated Oct 21, 2026.

Overview

1909Founded1
  • Industryfurniture industry1
  • HeadquartersToronto1
  • Founded inWelland1
  • Websitewww.leons.ca
  • Listed onToronto Stock Exchange1

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. The company has stores in all provinces of Canada.2

Corporate structure

Leon's sits at the top of its group. 3 entities, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

Built from subsidiaries, stakes and holdings from Wikidata (CC0); major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What Leon's reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Stakes and holdings (Wikidata)

Things Wikidata records the company as owning, with the share when stated.1

The story

Leon's originated in the city of Welland, Ontario, near the US border in the Niagara Region. It was founded by Ablan Leon, a Lebanese immigrant, who started out as a factory worker and then a door-to-door salesman. He was able to open a store with his profits in 1909. The original store (A. Leon Company at 244 King Street) was a dry goods outlet, which subsequently converted to furniture sales.

Leon's original store was staffed primarily by his family. When he died in 1942, he left the company to his children. After expanding the original location, they built new stores in Southwestern Ontario.

The company moved into the Toronto area in the subsequent decades, purchasing several established outlets in the city and converting them to Leon's name. The company went public in 1969 and opened its first warehouse showroom in 1973, touting it as the only one in Canada.

Today, roughly half of the store's more than 50 outlets are owned corporately, while the remainder, mainly in rural areas or in cities with lower populations, are owned by franchisees. The chain also operated two stores in Arizona, opening in 1980 and 1990 and closing in 1997 as the chain concentrated on Canada.

On November 11, 2012, Leon's announced plans to acquire competing furniture chain The Brick for $700 million.

Leon's took over eight Sears Home locations in 2016, a move that allowed Leon's to open its first store in the province of BC.

From Wikipedia’s article on Leon's, shared under CC BY-SA 4.0.4

Products and brands

Leon's Furniture markets mid-range furniture, appliances and electronics; some items are discount, and some stores contain high-end showrooms with higher-priced items available. A major part of Leon's marketing strategy is its financing plans, which allow customers to defer payments for various lengths of time (the most common of which are 6 and 18-month terms). This financing is offered through Flexiti Financial.

In an effort to attract customers living in condos or smaller dwellings, Leon's launched their Urban Living Collection in June 2007, comprising smaller sized sofas, bedrooms and dining sets.

From Wikipedia’s article on Leon's, shared under CC BY-SA 4.0.4

Subsidiaries and ownership

Subsidiaries

Also owns

From Wikidata.1

Acquisitions

  1. 2012Acquired The Brick1

Timeline

  1. 1909Founded Founded in Welland1

Sources

The numbers on this page point here. Each one links to the record it came from.

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