Djm_in_buffalo
Mouseketeer
- Joined
- Jul 26, 2023
- Messages
- 179
Bankruptcy is imminent. Maybe they’ll be able to make another go after avoiding liability to their creditors. Silver lining: would love a 5 point blanket on the cheap!
No.Is Hudson's Bay owned by Dayton Hudson's the same company that owns Target in America? Because I have heard of Hudson's Bay and to my knowledge they are the biggest department store chain in Canada and it's been known as Canada's answer to Macy's
https://financialpost.com/news/retail-marketing/hudsons-bay-files-creditor-protectionI think Hudson’s Bay owned and killed Lord & Taylor in the US.
So are all the Bay stores closing, or just reorganizing under bankruptcy?
You have Nordstrom ?...and there goes department store shopping in Canada.If The Bay goes down there will be no options at all in between WalMart and Nordstrom; one of which is too cheap and the other too expensive.
I love shopping at the Bay. We have a big store in Montreal. I find I don't need to shop quite as much any more. Less gifts to buy, less clothes etc. I read somewhere that they may try to close the non-productive stores and concentrate on the balance. They have been closing stores in the last few years. Not all that many of them left. The one in Montreal used to be 7 floors of everything. Bit by bit some departments have shrunk. Then they downsized and rented out the top two floors. I can't imagine going shopping downtown without the Bay. Especially over the holidays.
Yes, Nordstrom and Holt Renfrew but honestly, I don't shop at either one of them. We had a Nordstrom Rack for a while that I did frequent and we had Saks Fifth Avenue for a few years; both have since closed.You have Nordstrom ?
Wal-mart and The Bay are pretty much all we have. I must confess that I don’t do a lot of shopping in-store at either. I sometimes order online and pick up at The Bay, as we have one in my city, but it’s small and meh.
We have a Holt’s downtown as well. I’ve been once. I couldn’t afford to shop there. My husband bought my Louboutin shoes there for my 40th, and I still want to kill himYes, Nordstrom and Holt Renfrew but honestly, I don't shop at either one of them. We had a Nordstrom Rack for a while that I did frequent and we had Saks Fifth Avenue for a few years; both have since closed
Nordstrom actually shut down all their Canadian stores in 2023. If The Bay closes forever, then the only non-Walmart way to shop for anything really is online.Yes, Nordstrom and Holt Renfrew but honestly, I don't shop at either one of them. We had a Nordstrom Rack for a while that I did frequent and we had Saks Fifth Avenue for a few years; both have since closed.
You could be right - maybe it's Nordstrom that closed and Saks is still open. Both were anchors in our city's largest mall and that mall houses a very big Bay as well. There are 5 Hudson's Bay stores in town; all in malls, and the impact of losing them will be pretty significant. I know of no other similar store that could take their place. Some of the old Sears locations here are still vacant and they've been gone for 8 years.Nordstrom actually shut down all their Canadian stores in 2023. If The Bay closes forever, then the only non-Walmart way to shop for anything really is online.
You’ll be going through a lot more hassle returning clothing since you can’t try clothes online. You gotta go IRL for that.
Wow, yeah, me too. I grew up in a remote Northern community and practically everything I owned came from the Sears catalogue. Over the years it was just natural that it would be my go-to place for anything that needed to be just a little nicer than you could get at Zellers. Losing both of those outlets was a huge blow to shopping options and I'm still sad about it.We have a Holt’s downtown as well. I’ve been once. I couldn’t afford to shop there. My husband bought my Louboutin shoes there for my 40th, and I still want to kill him
Wow, A Saks too. I’m not 100%, but don’t think we have that either. I miss Sears the most.
I just checked, the closest is NYC LOL
Thanks. I guess some marginally performing stores will close but hopefully the chain will survive.So far:
Hudson's Bay files for creditor protection, intends to restructure