Hudson’s Bay to close all its stores and terminate 8,000 employees on June 1 (web.archive.org)

submitted 3 days ago by [email protected] to c/[email protected]

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Crazy they owned most of the land in the country at one point and chose to be a walmart instead of a bank

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[-] [email protected] 7 points 3 days ago

Even so, they could have taken their Scrooge McDuck pile of money and pivoted into online retail. Hell they could have been the Amazon of Canada. But no, they just stuck to the old, failing business model of brick and mortar shopping mall stores and refused to learn or change anything.

[-] [email protected] 4 points 3 days ago

They thought they were better than zellers, they were not

this post was submitted on 29 May 2025

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