Tag: store
Canada’s Hudson’s Bay has survived 355 years. Now the store is in crisis
Alina Selyukh Canada’s oldest retailer, Hudson’s Bay department store, cannot pay its debts. The high-end chain, dating back to the 17th-century fur-trade era, has been losing money and shoppers, set back by the pandemic, inflation and lately, trade tensions with the U.S. Now, it’s entered a proceeding similar to bankruptcy protection and expects to close…
Melbourne fire that destroyed Forty Winks store could have been arson, police say
More than 95 firefighters and 26 trucks deployed to Nunawading, with dozens of nearby residents evacuated Fire crews remain at the scene of a blaze that destroyed a Melbourne mattress store, with investigations likely to continue well into Sunday night after the fire was deemed a suspected arson attack. Emergency crews responded to several calls…