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It’s time to say farewell to this iconic Canadian company 🇨🇦 ‌ The Hudson’s Bay Company has long been a part of Canadian history. It was founded by fur traders in 1670, making it Canada’s oldest company. ‌ Despite its illustrious history, The Bay has been suffering from financial struggles for some time, including reduced consumer spending, trade tensions between the U.S. and Canada, and a post-pandemic decrease in downtown store traffic. ‌ When news surfaced of the company’s potential demise, it triggered an uptick in sales, particularly of their iconic HBC stripe merchandise. Those shelves are mostly empty now, and the sudden increase in sales has allowed 6 store location to remain open. ‌ The stores exempt from liquidation include 2 in Toronto (Yonge Street and Yorkdale Mall), 1 in Richmond Hill, and 3 Quebec locations: Montreal, Laval, and Pointe-Claire. ‌ With Ottawa’s flagship location downtown set to close by the end of June, it’s left me wondering what will become of that pri...

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