LFL Announces the Opening of the New Corporate Headquarters for The Brick, plus a New Shared Services Distribution Centre in Edmonton, Alberta
Leon's Furniture (TSX: LNF) has announced the opening of a new combined facility in Edmonton, Alberta, featuring The Brick's Corporate Headquarters and a Shared Services Distribution Centre. The facility spans 500,000 square feet and represents one of the company's largest single property investments in its 100-year history.
The facility, built on 28 acres of land in Edmonton's NW quadrant through a 50/50 joint venture with Qualico Properties, will employ over 400 Team Members. The building will also serve as the new head office for Trans Global Insurance. According to CEO Mike Walsh, the new distribution center aims to improve product availability and shipping times throughout the prairies and territories while generating significant network efficiencies.
Leon's Furniture (TSX: LNF) ha annunciato l'apertura di una nuova struttura combinata a Edmonton, Alberta, che ospiterà la sede centrale di The Brick e un Centro di Distribuzione per Servizi Condivisi. La struttura si estende su 500.000 piedi quadrati e rappresenta uno degli investimenti immobiliari più grandi della compagnia nella sua storia centenaria.
La struttura, costruita su un terreno di 28 acri nel quadrante NW di Edmonton attraverso una joint venture 50/50 con Qualico Properties, impiegherà oltre 400 membri del team. L'edificio servirà anche come nuova sede per Trans Global Insurance. Secondo il CEO Mike Walsh, il nuovo centro di distribuzione ha l'obiettivo di migliorare la disponibilità dei prodotti e i tempi di spedizione in tutto il Canada delle praterie e dei territori, generando al contempo significative efficienze di rete.
Leon's Furniture (TSX: LNF) ha anunciado la apertura de una nueva instalación combinada en Edmonton, Alberta, que contará con la sede corporativa de The Brick y un Centro de Distribución de Servicios Compartidos. La instalación ocupa 500,000 pies cuadrados y representa una de las mayores inversiones en propiedades individuales de la compañía en sus 100 años de historia.
La instalación, construida en 28 acres de terreno en el cuadrante NW de Edmonton mediante una empresa conjunta 50/50 con Qualico Properties, empleará a más de 400 miembros del equipo. El edificio también servirá como nueva oficina central para Trans Global Insurance. Según el CEO Mike Walsh, el nuevo centro de distribución tiene como objetivo mejorar la disponibilidad de productos y los tiempos de envío en todo el área de las praderas y los territorios, al tiempo que genera importantes eficiencias en la red.
레온스 가구 (TSX: LNF)가 앨버타주 에드먼턴에 위치한 새로운 복합시설 개장을 발표했습니다. 이 시설은 더 브릭의 본사와 공유 서비스 배급 센터를 포함하고 있습니다. 이 시설은 500,000 평방피트에 달하며, 회사의 100년 역사에서 가장 큰 단일 자산 투자 중 하나를 나타냅니다.
이 시설은 28 에이커의 땅에 세워졌으며, Qualico Properties와의 50/50 합작 투자로 이루어졌습니다. 이곳은 400명 이상의 팀원을 고용할 예정입니다. 이 건물은 Trans Global Insurance의 새로운 본사로도 활용될 것입니다. CEO 마이크 월시(Mike Walsh)에 따르면, 새로운 배급 센터는 프레리와 지방 전역에서 제품 가용성과 배송 시간을 개선하고, 동시에 네트워크 효율성을 상당히 높이는 것을 목표로 하고 있습니다.
Leon's Furniture (TSX: LNF) a annoncé l'ouverture d'un nouveau site combiné à Edmonton, en Alberta, qui abritera le siège social de The Brick ainsi qu'un Centre de Distribution de Services Partagés. L'installation s'étend sur 500 000 pieds carrés et représente l'un des plus gros investissements immobiliers de l'entreprise dans ses 100 ans d'histoire.
Le site, construit sur 28 acres de terrain dans le quadrant nord-ouest d'Edmonton grâce à une coentreprise 50/50 avec Qualico Properties, emploiera plus de 400 membres de l'équipe. Le bâtiment servira également de nouveau siège pour Trans Global Insurance. Selon le PDG Mike Walsh, le nouveau centre de distribution vise à améliorer la disponibilité des produits et les délais de livraison dans les prairies et les territoires, tout en générant d'importantes économies d'échelle.
Leon's Furniture (TSX: LNF) hat die Eröffnung einer neuen kombinierten Einrichtung in Edmonton, Alberta, bekannt gegeben, die die Unternehmenszentrale von The Brick und ein Shared Services Verteilzentrum umfasst. Die Einrichtung erstreckt sich über 500.000 Quadratfuß und stellt eine der größten Einzelinvestitionen des Unternehmens in seiner 100-jährigen Geschichte dar.
Die Einrichtung, die auf 28 Acres Land im NW-Quadranten von Edmonton durch ein 50/50-Joint Venture mit Qualico Properties errichtet wurde, wird über 400 Teammitglieder beschäftigen. Das Gebäude wird außerdem als neue Hauptzentrale für Trans Global Insurance dienen. Laut CEO Mike Walsh zielt das neue Verteilzentrum darauf ab, die Produktverfügbarkeit und die Versandzeiten in den Prärien und Territorien zu verbessern und gleichzeitig signifikante Effizienzgewinne im Netzwerk zu erzielen.
- Major infrastructure expansion with 500,000 sq ft facility
- Strategic location to enhance product distribution efficiency
- Employment creation for 400+ team members
- Potential for improved operational efficiency and service delivery
- Strategic partnership with Qualico Properties sharing investment risk
- Significant capital expenditure required for property investment
- Increased operational costs from larger facility maintenance
Edmonton, Alberta--(Newsfile Corp. - January 21, 2025) - Leon's Furniture Limited (TSX: LNF) ("LFL"" or the "Company"), is pleased to announce the opening of the brand-new Corporate Headquarters for The Brick along with a leading-edge Shared Services Distribution Centre that has a combined total footprint of 500,000 square feet. This represents one of the more significant single property investments in the company's 100-year history and sets a solid foundation for continued growth and improved service levels for the next generation. The building will also serve as the new head office for Trans Global Insurance. The combined facility will employ more than 400 Team Members in Edmonton.
"Our new shared services Distribution Centre represents another important milestone in our ongoing efforts to generate significant efficiencies throughout our network," said Mike Walsh, President and Chief Executive Officer of the LFL Group. "The new DC will enhance product availability and shipping times, throughout the prairies and territories. Our new Corporate Headquarters for both The Brick and Trans Global Insurance provides a modern and innovative space to promote excellence."
Exterior of New Shared Distribution Centre and The Brick Corporate Office
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/4576/237145_leons1.jpg
"This new building marks a monumental step forward for The Brick as it demonstrates our commitment to growth. As we embark on this new chapter, we're excited to create an inspiring environment that supports our team's dedication to delivering exceptional products and services to our valued customers," said Darci Walker, President of The Brick.
This combined facility was built under a 50/50 joint venture partnership with Qualico Properties, a leading real estate developer and was built on 28 acres of purchased land in the NW quadrant of Edmonton.
About The Brick
Focused on Saving You More, The Brick offers a wide range of home furnishings, mattresses, electronics and appliances. Serving Canadians since 1971, The Brick is proud to be part of your community. The Brick is online at TheBrick.com. Keep up-to-date, and follow us on Twitter, Facebook and Instagram.
About Leon's Furniture Limited:
Leon's Furniture Limited (LFL) is the largest retailer of furniture, appliances, and electronics in Canada. Its retail banners include Leon's, The Brick, The Brick Mattress Store, and The Brick Outlet. The addition of The Brick's Midnorthern Appliance banner, alongside Leon's Appliance Canada banner, makes the company the country's largest commercial retailer of appliances to builders, developers, hotels, and property management companies. LFL has over 300 retail stores from coast to coast.
For more information, please contact OverCat:
Audrey Hyams Romoff: 647.223.9970, ahr@overcat.com
Thalia Policicchio: 647.970.4774, tp@overcat.com
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/237145
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