lol I was just looking at a Reddit forum on how annoying people are with cologne and perfume and it’s overwhelming and obnoxious to everyone but that person
Hudson's Bay Company seeks bankruptcy protection
- Thread starter rafterman
- Start date
If you ever want some local suggestions let me know. I have been happy buying Canada made products. Even my almond milk I choose earths own instead of silkThe appeal of HBC was that it was a Canadian icon that had Canadian heritage. As a consumer, I found it disappointing that over time less of their merchandise was made in Canada. I was prepared to pay a premium for quality Canadian made goods but not for cheap foreign crap! If I want made in China crap, I'll go shop at the Dollarama
Plan to keep six stores open three in Toronto and three in Montreal.
Looks like the plan to keep six core stores open is a non-starter.
Canadian Tire buys up what's left of The Bay.
ca.yahoo.com
Hudson’s Bay to sell name, stripes, brands to Canadian Tire for $30 million
TORONTO — Hudson's Bay is getting a second life with a new owner — Canadian Tire Corp. Ltd.
ca.yahoo.com
someone explain what is the benefit in this deal i just dont understand this.. 6 stores left of hudsons bay .. and cdn tire wants the name ? brand stripes?? why? what am i not seeing .. if you understand it please send me a private message or post in here..Canadian Tire buys up what's left of The Bay.
Hudson’s Bay to sell name, stripes, brands to Canadian Tire for $30 million
TORONTO — Hudson's Bay is getting a second life with a new owner — Canadian Tire Corp. Ltd.
There are no Bay stores. They are all closing. The bankruptcy judge last month said no to them keeping those six open. So, Canadian Tire is swooping in to buy the intellectual property, things like the Bay logo, the iconic stripes/blanket:
And other things. The reason? They believe they can make money selling these nostalgic items in Canadian Tire/SportCheck/Marks Work Warehouse stores across the country. And, they might be right. I mean, I know I'm sad to see the Bay die, considering its 350+ year history in this country....At least some of its iconic things will live on.
so would you say they are gambling like in a stock gamble?There are no Bay stores. They are all closing. The bankruptcy judge last month said no to them keeping those six open. So, Canadian Tire is swooping in to buy the intellectual property, things like the Bay logo, the iconic stripes/blanket:
And other things. The reason? They believe they can make money selling these nostalgic items in Canadian Tire/SportCheck/Marks Work Warehouse stores across the country. And, they might be right. I mean, I know I'm sad to see the Bay die, considering its 350+ year history in this country....At least some of its iconic things will live on.
No.... I mean, it is an investment and it could go either way. I know $30 million is a lot of cabbage to put towards something like this, but they are also getting a bunch of other brands besides the logo, like Gluckstein home decor and what not. I think they could start selling that stuff and could profit do quite well. I mean, we all know Canadian Tire sells basically everything, and now they can have higher-end stuff in their stores for things like sheets and stuff. They already sell expensive counter top appliances, so it isn't that crazy...
