Canadian Tire Pursues Hudson’s Bay Asset Acquisition, Sources Claim
Thursday, May 1, 2025, 10:21 am
In a surprising retail shakeup, Canadian Tire has reportedly made a bid for select assets of the beleaguered Hudson’s Bay chain, including key intellectual property. This strategic move signals a bold effort to rejuvenate its market presence as traditional department stores continue to face mounting challenges.
Une partie de la propriété intellectuelle du détaillant en difficulté l’intéresserait, selon deux sources.
The sources say the household goods chain has made a bid for some of the faltering department store's intellectual property
Beleaguered retailer Hudson’s Bay has attracted a bid from Canadian Tire, two sources familiar with the sales process say. The sources, who are not being named because they were not authorized to speak about the matter, say the household goods chain has made a bid for some of the faltering…
permalink / 3 stories from sources in 28 days ago #finance #trade #business #canada
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