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submitted 4 days ago* (last edited 4 days ago) by morbidcactus@lemmy.ca to c/canada@lemmy.ca

Experts say that Hudson's Bay had been in decline long before then, some tracing its issues back to its 2008 acquisition by the American investment firm NRDC Equity Partners, and saying that the company's new ownership prioritized its real estate over a cohesive retail strategy.

Emphasis mine.

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[-] wampus@lemmy.ca 2 points 2 days ago

Should pivot into being Amazon like, with the current dept stores shrunk in number and converted into primarily distribution / fulfillment centres. Block/tax Amazon to allow local options to compete/enter the market.

Ride the pro Canada / anti American wave.

this post was submitted on 14 Mar 2025
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