April 9, 2025, 10:21 am
A prominent Chinese billionaire and board chair of Central Walk, a firm which owns several shopping centres in British Columbia, has publicly announced her intention to acquire multiple Hudson’s Bay retail locations. Citing visible public dismay over the apparent decline of the longstanding Canadian retailer, she detailed the ambitious move on social media. The proposed acquisition is stirring discussions among market analysts regarding the strategic revival of an iconic retail brand amid challenging domestic market conditions in Canada.
Weihong Liu is the board chairwoman of Central Walk, a retail investment company that owns three shopping centres in B.C.
Chinese billionaire Weihong Liu, board chair of Central Walk in British Columbia, announced plans on social media to purchase dozens of Hudson’s Bay locations after noting Canadians' sadness over the retail giant's collapse.
2 stories from 2 sources in 9 days ago #provincial #economy #finance #global-trade #urban #business #consumer #bc #trade #foreignpolicy
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