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Top RETAIL INSIDER News
Business · British ColumbiaWhen Hudson’s Bay began liquidating all of its stores and hunting for a potential new owner, Ruby Liu was determined not to let Canada’s oldest company disappear. The B.C. mall owner made an offer for the company in hopes of restoring it to its former glory, but when Canadian Tire was chosen (court approval pending) to buy its name and trademark stripes, Liu’s plan was foiled. Yet she didn’t give up. Instead, she brokered a deal to take over up to 28 of the leases held by Hudson’s Bay and its sister Saks businesses in Alberta, B.C. and Ontario and transform them into “a new modern department store.”See the Story
Redesigning the Bay’s Old Stores Come with Challenges and Opportunities
61% Left coverage: 18 sources
Business · British ColumbiaShoppers hoping to score last-minute deals on the final day of the Bay clearance sale at the Park Royal location in West Vancouver were disappointed to find almost no merchandise remained.
See the Story
B.C. Shoppers Feeling Nostalgic as Hudson’s Bay Stores Close for Good
64% Left coverage: 14 sources
