I found this note online.
Nerlich & Company was located at 146-148 Front Street West. It was a wholesale company that imported china, glassware, toys etc. The company closed in 1966... Henry Nerlich, the founder, had come to Toronto from Germany in the 1840s and set up shop as a watchmaker. Working out of a small room at 120 Yonge St., it occurred to him that he might do better if he added some jewellery to his inventory and took his wares on the road. Pounding the wood sidewalks of small towns around Toronto he slowly expanded his line, importing little items from his native Germany, till he'd built up enough of a business to begin a serious importing house. By the time Nerlich?s moved to Strachan's old Palace grounds, the company had already outgrown three other buildings and had branches across Canada and in Dresden.
Apparently they held a big centennial celebration in 1958.