Andrea Mrozek explains how marriage & family life can contribute to reducing societal immaturity
Andrea Mrozek explains how marriage & family life can contribute to reducing societal immaturity
Japan’s struggle against disinformation: Kyoko Kuwahara for Inside Policy

What went wrong? Analysts say Hudson’s Bay couldn’t compete [Video]

Categories
Canadian Economy and Markets

People walk past the Hudson’s Bay store in Toronto on March 10, 2025. THE CANADIAN PRESS/Chris Young

Retail experts say the looming demise of Hudson’s Bay Co. as a national presence would be a “historic loss” but not surprising, given the retailer’s inability to draw customers into stores.

“The Bay in particular … really struggled to adjust to changes in consumer shopping habits, preferences and the demand for goods,” Jamie Hyodo, an assistant professor of consumer behaviour at Western University, said in a recent interview.

Founded as a fur-trading company in 1670, Hudson’s Bay’s modern heyday was in the 20th century when the store served as a one-stop shop for Canadians looking for quality clothing, cosmetics and home wares, Hyodo said.

But as the retail landscape changed — discount retailers started to become more prevalent in the 1960s and ’70s and luxury brands opened stand-alone stores where they could sell …

Removing the roadblocks: How provinces can lead the charge on boosting internal trade
Removing the roadblocks: How provinces can lead the charge on boosting internal trade
Alberta Children’s Charter, a bold step in the right direction for youth transgender policy: Stéphane Sérafin and Geoffrey Sigalet