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    Wednesday
    Feb062013

    Leon's and The Brick Response to Target

    Leon's and The Brick Respond to Competition

    • Furniture retailer Leon's is buying competitor The Brick in a $700 million deal (Financial Post). 
    • The aquisition of The Brick is geared at strengthening the position of the company within the home furnishing marketplace, which is becoming more competitive with the introduction of new competitors
    • The company will operate the to stores under separate banners (Financial Post)

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