Hudson’s Bay Company, Canada’s oldest retailer, didn’t die of natural causes — it was gutted by private equity. Stripped of assets and loaded with debt, it leaves behind job losses, endangered pensions, and a hollowed-out legacy reduced to branding rights.
HBC is a dinosaur, and it went the way of dinosaurs. The brand name still has value, and someone may resurrect it, in some form. Who still remembers Simpsons the store before the show?