[ad_1]
Once positioned as four stripes that Canadians around the world can recognize, today lace is spread across the country with the entire shelf of the “clear” label.
The Hudson Bay Company has begun the process of liquidating all of Canada’s six stores, with the rest of those – three in Ontario and three in Quebec – still working very hard if the company does not propose a comprehensive restructuring plan.
But, the question remains in the minds of many: How can Canada’s oldest company fall into the hands of creditor protection? A once symbolic Canadian retail, history and culture name is now mastering any capital (hope) to maintain the dominant retail landscape online.
Host Gurdeep Ahluwalia talks with retail expert Gary Newbury about what caused the Hudson’s Bay Company to burn slowly and whether to write on the wall of fate of the country’s first company. The two discuss what HBC looks like in the next few months, and what other retailers should take if they don’t want to get stuck in the lineup.
You can subscribe to the Big Story Podcast on Apple Podcast, Google, and Spotify.
[ad_2]
Source link
