My love/hate relationship with The Hudson’s Bay Company (comparable to Macy’s in the United States) just took a turn. I want to scream “I told you so”. When I heard the news they’re laying off thousands of people in response to declining sales I felt an immense sense of sadness for the sales associates who work there at low wages and will be losing their…
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Fashion
Hello Saks, Goodbye Bay
They did it again. Another national retailer has made a major decision without consulting me first. #Hudson’s Bay Company has decided to relinquish their flagship Queen Street store in Toronto to their newly-acquired Saks. I would have thought that after Cadillac Fairview’s weird decision to put a Florida-style drive-through retail “mall” at Don Mills Road and Lawrence Avenue they would have learned their lesson. When…
How To Improve Sales At Hudson’s Bay
Hardly a week goes by without our various newspapers analyzing the changing retail scene – the introduction of Target, Ann Taylor, Nordstrom and other American giants into the Canadian market – and how the home-grown Canadian retailers are handling it, particularly Holt Renfrew and Hudson’s Bay. Has anyone talked to us – the consumer? I have a couple of very simple suggestions for Hudson’s Bay…