What a great scam. Collect all that money, then tell people they have to pay the liquidated price (pay twice) to get their stuff.

Not only that, but they'll probably open up a new store under a new name and repeat this crap all over again...

The fact checker in me is a bit annoyed that the media is reporting that Bad Boy is going out of business "after 70 years". In fact, Mel Lastman sold the original Bad Boy in 1975 and it was eventually taken over by The Brick. In 1991 son Blaine Lastman started a new furniture chain and was able to use the old Bad Boy name and logo as the trademark had lapsed so really the company is going out of business after 30 years.

Last edited by Hansa (January 25, 2024 6:32 pm)

1977: The new Bad Boy owners were petitioned into bankruptcy by an unhappy creditor, the Star reported. Creditors were owed $6 million

Hansa wrote:

The fact checker in me is a bit annoyed that the media is reporting that Bad Boy is going out of business "after 70 years". In fact, Mel Lastman sold the original Bad Boy in 1975 and it was eventually taken over by The Brick. In 1991 son Blaine Lastman started a new furniture chain and was able to use the old Bad Boy name and logo as the trademark had lapsed so really the company is going out of business after 30 years.

ig wrote:

1977: The new Bad Boy owners were petitioned into bankruptcy by an unhappy creditor, the Star reported. Creditors were owed $6 million

Hansa wrote:

The fact checker in me is a bit annoyed that the media is reporting that Bad Boy is going out of business "after 70 years". In fact, Mel Lastman sold the original Bad Boy in 1975 and it was eventually taken over by The Brick. In 1991 son Blaine Lastman started a new furniture chain and was able to use the old Bad Boy name and logo as the trademark had lapsed so really the company is going out of business after 30 years.

 

Okay, as long as Bad Boy had nothing to do with Stewart's. 
I remember their over use of the word FACT like it was yesterday. (I was very young. I remember tons of Brick ads replaced Stewart's ads on TV after Stewart's left the scene)
FACT: Stewart's is going out of Business  FACT: Every furniture and appliance must go. 
FACT: Hurry before Stewart's Closes their doors forever!

Bad Boy is still advertising their "liquidation sale"

Saw an ad on tonight's CTV Toronto 6pm newscast

The Barrie store was taking people's money right up to the moment the announcement of the bankruptcy was made. A young couple with small kids were interviewed on CTV2 out in front of the store after they were asked to leave and the door locked in their faces. They had 6500$ basically stolen from them. This  was just one example, there was a crowd out front demanding  refunds.