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3d ago

Canada's oldest company, put into liquidation by American hedge fund

globalnews.ca Hudson’s Bay plans ‘immediate’ liquidation of entire business - National | Globalnews.ca

In a late Friday announcement, Canada's oldest company said it couldn't secure the necessary financing to keep at least some of its empire alive.

Hudson’s Bay plans ‘immediate’ liquidation of entire business - National | Globalnews.ca

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3d ago

Canada's oldest company, put into liquidation by American hedge fund

globalnews.ca /news/11083516/hudsons-bay-liquidation/

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9 comments

Start a new company, maybe a coop, that sells canadian made goods
- I would LOVE to see HBC reborn as a costco style membership club that sells good quality Canadian products at reasonable prices, and is incentivized by the membership system to focus on providing customer satisfaction not short-term profits.
  I've given up Costco for the boycott, but it hurts so much buying overpriced stuff from the grocery cartels. Imagine if a reborn HBC could fill that role?

9 comments