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Wenghong Liu announces plans to buy Hudson's Bay
(www.cbc.ca)
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this post was submitted on 10 Apr 2025
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I think there’s a lot of room in the market right now to leverage the HBC name and locations to implement a Costco-like retail experience but with a Canadian focus.
Best of luck to this endeavour
That's actually a good idea. If the "Buy Canadian" thing hangs on, it would have a decent chance of succeeding.
Even if the absence of a strong “buy Canadian” mindset I think people would reward an alternative to the retail landscape of today.
People over-focus on Costco’s pricing and under-focus on how they provide a good customer experience. They don’t play the retail games of boosting prices and then cutting them for a “sale”. They promote generic otc medication instead of only pushing expensive brands. They have good quality products, not cheap crap that looks good but doesn’t or doesn’t last.
So yeah it could be a great outlet for quality Canadian products but I also still want quality imports from our allies in Europe and Mexico and Asia and beyond. HBC could be that, if I had a billion dollars that’s what I would do.