The retailer is launching in Canada with an initial three locations as well as online with an initial 17 new brands in a long-term partnership with the Hudson’s Bay Company.
Craig and Lee talk about HBC's recent announcement that the company is separating its physical department store business from its online operations, and what it means for the future of the retailer. Craig has some choice words when discussing the lack of investment in Hudson's Bay stores resulting in their current lacklustre condition.
Other news: Downtown Vancouver BIA launches unique initiative to attract consumers, T.Kettle opens in Toronto’s PATH, Polestar opens in West Vancouver.
The retailer has appointed retail execs to new roles as the Hudson’s Bay Company continues to transform its business model following a tumultuous pandemic year.
This week, Craig and Lee talk about Craig's analysis on The Hudson's Bay Company's potential redevelopment plans for its flagship locations in Canadian downtowns. Is it a good strategy or missed opportunity?
Mixed-use developments will replace standalone flagship Bay stores at a time when some leading global department stores are growing in size with non-retail attractions. An opportunity for creating massive F&B/attraction-heavy Hudson's Bay flagships could be lost as a result.
