Hudson’s Bay said that it will have terminated about 8,347 employees by June 1, when it completes the liquidation of more than 80 stores across Canada.

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

  • sexywheat [none/use name]@hexbear.netEnglish
    8·
    29 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.