/CNW/ - Leon s Furniture Limited ("LFL" or the "Company") (TSX: LNF), today announced record financial results for the fourth quarter of 2020. Financial.
LFL or the
Company ) (TSX: LNF), today announced that it plans to release its financial results for the fourth quarter and year-ended December 31, 2020, after 12:00 p.m. ET on
Tuesday, February 23, 2021.
About Leon s Furniture Limited
LFL is the largest retailer of furniture, appliances and electronics in Canada. Our retail banners include: Leon s; The Brick; Brick Outlet; and The Brick Mattress Store. Finally, with The Brick s Midnorthern Appliance banner alongside Leon s Appliance Canada banner, this makes the Company the country s largest commercial retailer of appliances to builders, developers, hotels and property management companies. The Company has 305 retail stores from coast to coast in Canada under various banners. The Company operates three websites: leons.ca, thebrick.com and furniture.ca. For more information, visit lflgroup.ca.
/CNW/ - Leon s Furniture Limited ("LFL" or the "Company") (TSX: LNF), today announced that pursuant to a Redemption Notice sent to holders in January 2021, as.
While many businesses have been struggling during the COVID-19 pandemic, appliance stores everywhere are seeing numbers soar. But that high demand is creating a problem for manufacturers and longer wait times for consumers.
The owner of Leon’s store in Prince Albert, Dean Pellegrini, said they were fortunate the home appliance and furniture industry had a surge in business due to higher demand for products as more people were forced to stay home.
“In the beginning, there was panic buying, so people filled their fridges and freezers to capacity,” Pellegrini said. “More people are eating at home, using the furniture, spending more nights in bed may have exposed problems for consumers they didn’t want to live with anymore. The first essential need is the refrigerator and freezer, then came the washers and dryers. These items were hardest hit and almost ten months since the start [of the pandemic] and it is still a challenge to fill orders.”
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