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.
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.