Hudson’s Bay Closure Sparks Retail Redevelopment Initiative

Sunday, June 1, 2025, 12:21 pm

Hudson’s Bay Company has ended an era with the permanent closure of its iconic Canadian stores, prompting a swift pivot in the retail landscape. A local developer is already eyeing the vacant storefronts for innovative repurposing, signaling a dramatic reshaping of a historic brand’s legacy.

Bluesky: @ledevoir.com, @winnipegfreepress.com

thestar.com / Memories, markdowns and mannequins — and a designer in mourning — mark the final day at Hudson's Bay Toronto flagship store

The 355-year-old company declared bankruptcy earlier this year and June 1 marked the last day of its liquidation sale.

winnipegfreepress.com / Remembering The Bay

winnipegfreepress.com / City Bay stores already closed as last-minute shoppers arrive

ledevoir.com / Les magasins La Baie ferment définitivement leurs portes

Plusieurs clients ont visité la succursale du centre-ville de Montréal, entre nostalgie et recherche de bonnes affaires.

cbc.ca / Redesigning the Bay's old retail spaces will come with challenges and opportunities

Ruby Liu brokered a deal to take over up to 28 of the leases held by Hudson's Bay and its sister Saks businesses in Alberta, B.C. and Ontario and transform them into "a new modern department store." But making the jump from vision to reality won't be easy, experts warn.

globalnews.ca / Hudson’s Bay stores across Canada close for good Sunday

After 355 years in business, Hudson's Bay Company, better known as The Bay, officially closes June 1, and must vacate all of its properties by the end of the month.

nationalpost.com / Can a B.C. developer’s big bet on Hudson’s Bay stores redefine Canadian retail?

Canadian Tire has the brand, but Ruby Liu has a bold vision for 28 vacant storefronts, many of which are in need of major repairs

permalink / 7 stories from sources in 2 days ago #urban #business #canada

More Top Stories...

Liberal unveils sweeping border security bill with enhanced data powers

The Liberal government introduced a new border security bill designed to tighten asylum rules while bolstering efforts against fentanyl trafficking, organized crime, and financial malfeasance. The legislation grants expansive data collection powers to address persistent border management challenges and ensure public safety, sparking a blend of cautious optimism and eyebrow-raising debates. More...

B.C. Premier Eby rejects proposal for a new oil pipeline

B.C. Premier David Eby is standing firm against calls for a new oil pipeline through his province, dismissing Ontario Premier Doug Ford’s suggestion outright. Eby’s uncompromising stance faces political back‐and‐forth as he rebuffs any idea of revisiting pipeline expansion plans, insisting that current policy is non-negotiable. More...

Hydro‑Québec CEO touts energy deal affirming Canadian independence

At an energy conference in St. John’s, Hydro‑Québec CEO Michael Sabia defended a broad energy deal with Newfoundland and Labrador Hydro as a bold statement of Canadian independence against U.S. pressure. His remarks reflect a stirring debate on national sovereignty and evolving energy strategy. More...

Trump doubles steel and aluminum tariffs ahead of deadline

The White House confirmed that President Trump will double tariffs on steel and aluminum imports to 50%, prompting global trade talks. Countries are now urged to submit their best offers as the deadline looms, marking a clear escalation in the ongoing trade confrontation. More...

Border mayors urge federal support for struggling duty free stores

A coalition of border mayors and duty free industry representatives is pressing the federal government for financial aid as dwindling cross‐border traffic threatens thousands of jobs. They claim that urgent intervention is needed to sustain these key commercial outlets amid harsh economic headwinds. More...

Related Tags