View Single Post
  #18  
Old Posted May 7, 2008, 6:46 PM
wayward_prince wayward_prince is offline
BANNED
 
Join Date: Sep 2007
Posts: 367
Quote:
Originally Posted by bc2mb View Post
I think the magic one million is bullshit too.. urban legend that won't die.

I think the reason that we don't already have one has a lot to do with Palliser (NEFCO) being based here, and their stranglehold on the local furniture market. ie. EQ3, Penthouse, Palliser, Thomasville, etc. etc. all owned by the same company.

But perhaps that doesn't matter anymore.. and as much as I hate Shady Swindleman, he would know.
sorry, you are more than wrong. NEFCO does not own Palliser and if any one company actually had a 'stranglehold' on the local retail furniture market, both Leons (Toronto) and The Brick (Edmonton) would have been prevented from entering it in the late 1980's. Further to that the Shindleman or Swindleman family as you refer to them do commercial real estate in the city and it is the Adelman family who is the owner of Penthouse/NEFCO and they only sell Palliser manufactured products and have zero ownership otherwise-Palliser and EQ3 are entirely De Fehr. Also, Thomasville is an American owned and operated company. Nice try though.
Reply With Quote