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Hudson’s Bay suffered ’slow death’ from lack of store investment and underlying issues: experts

Company said it remains optimistic it can drum up financing and find a solution with key stakeholders to avoid full shutdown



Experts attribute Hudson's Bay's planned liquidation, pending court approval, to a "slow death" caused by a lack of store investment and underlying issues. The closure, impacting 9,364 Canadian employees, would leave a significant gap in the retail landscape, stemming from issues like neglected store maintenance, misaligned store hours, and the company's acquisition by an investment firm focused on short-term gains.

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