Winnipeggers are lamenting the potential loss of a fixture in the city's history, with several Hudson's Bay Co. stores now potentially on the chopping block after the storied retailer was granted creditor protection.
Winnipeggers are lamenting the potential loss of a fixture in the city's history, with several Hudson's Bay Co. stores now potentially on the chopping block after the storied retailer was granted creditor protection.Cash-strapped Hudson's Bay has been granted creditor protection. Some Winnipeg shoppers say they hope it doesn't spell the end for the company's presence in the city.
"It's Winnipeg heritage," Troy Richards said. "The Bay's always been around for Winnipeg. For us, it's a hallmark."The future of Hudson's Bay is uncertain after Canada's oldest retailer has filed for creditor protection. The company won't say what it means for Winnipeg's two stores."Sears is gone, Eaton's is gone.… But the Hudson's Bay — really?" she said.
In late 2020, Hudson's Bay shuttered its landmark department store on Winnipeg's Portage Avenue, a six-storey building opened in 1926 that was once the Bay's flagship store in the country.Wehwehneh Bahgahkinahgohn transformation of former Winnipeg Bay building gets another $31M from feds "Certainly knowing … all the various kind of storms they've weathered throughout this, it's a little bit, I guess, surprising that it's coming now."
"It is tough for them to kind of break into that market, especially with all the established players, whether it's companies like Shein or whether it's Amazon," he said.
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