Bad Boy files for bankruptcy; a timeline of its rise and fall
Future mayor Mel Lastman got his start at an appliance store on College Street in Toronto, and renamed the business Bad Boy in 1955.
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Future mayor Mel Lastman got his start at an appliance store on College Street in Toronto, and renamed the business Bad Boy in 1955.
TORONTO - Famed Greater Toronto Area retailer Bad Boy Furniture Warehouse Ltd. has been around for 70 years, but the business begun by Mel Lastman, a flamboyant Toronto salesman who went on to become the city's mayor, and revived by his son has hit hard times. Amid higher interest rates and slow home sales, it is attempting to restructure its business under the Bankruptcy and Insolvency Act.
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