The famous Toronto furniture company took refuge in the bankruptcy law

The well-known furniture store in Toronto, named "Bad Boy," intends to undergo a reconstruction within the framework of bankruptcy regulations. The challenging economic situation, high interest rates, and a decline in sales in the housing sector, particularly in the furniture industry, are cited as the main reasons for the financial difficulties faced by the "Bad Boy" furniture store. Established by Mel Lastman, the former mayor of Toronto, the furniture company is currently managed by his son and operates approximately 12 stores across various locations in the province of Ontario.

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