Sunday, June 1, 2025, 12:21 pm
Hudson’s Bay Company has ended an era with the permanent closure of its iconic Canadian stores, prompting a swift pivot in the retail landscape. A local developer is already eyeing the vacant storefronts for innovative repurposing, signaling a dramatic reshaping of a historic brand’s legacy.
Bluesky: @ledevoir.com, @winnipegfreepress.com
The 355-year-old company declared bankruptcy earlier this year and June 1 marked the last day of its liquidation sale.
Plusieurs clients ont visité la succursale du centre-ville de Montréal, entre nostalgie et recherche de bonnes affaires.
Ruby Liu 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." But making the jump from vision to reality won't be easy, experts warn.
After 355 years in business, Hudson's Bay Company, better known as The Bay, officially closes June 1, and must vacate all of its properties by the end of the month.
Canadian Tire has the brand, but Ruby Liu has a bold vision for 28 vacant storefronts, many of which are in need of major repairs
permalink / 7 stories from sources in 40 hours ago #urban #business #canada
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