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

submitted 21 hours ago by [email protected] to c/[email protected]

3 comments fedilink hide all child comments

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

top 3 comments

sorted by: hot top new old

[-] [email protected] 7 points 20 hours 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 19 hours ago

They thought they were better than zellers, they were not

[-] [email protected] 7 points 20 hours ago* (last edited 20 hours ago)

Hudson's Bay Leaves

this post was submitted on 29 May 2025

14 points (100.0% liked)

canada

4908 readers

18 users here now

Canada is not the US's hat. The US is Canada's pants.

founded 4 years ago

MODERATORS

[email protected]