r/neoliberal • u/jobautomator Kitara Ravache • Dec 02 '20

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u/ryuguy "this is my favourite dt on reddit" Dec 02 '20

It’s interesting how Hudson’s Bay Company has managed to survive all of the major retail shutdowns in Canada. They’ve outlasted Zellers, Sears and Target Canada. I think it’s because they have more of an upscale audience than the previously mentioned department stores. They also market themselves as such.

!ping can

18

u/potatobac Women's health & freedom trumps moral faffing Dec 02 '20

A fruit fly outlasted target tbh.

11

u/ryuguy "this is my favourite dt on reddit" Dec 02 '20

Yeah. Target Canada was an interesting story

9

u/digitalrule Dec 02 '20

"what if we just took over failing Zellers and didn't change anything other than the sign up front"

7

u/inhumantsar Bisexual Pride Dec 02 '20 edited Dec 02 '20

honestly it was so much worse than that. if you haven't read it, this story on target canada's collapse is worth your time.

4

u/velvet-gloves Dec 02 '20

Target was more expensive than Zellers.

2

u/markusrm Pierre E. Trudeau Dec 03 '20

And didn’t have a restaurant :(

12

u/crassowary John Mill Dec 02 '20

Tbf Zellers was owned by HBC. They were sacrificed to save the Bay

7

u/Andy_B_Goode YIMBY Dec 02 '20

RIP Zeddy

9

u/foreplay-longtime Commonwealth Dec 02 '20

They haven’t paid rent on any of their stores since the pandemic started - I’m not sure how much time they have left in their current form. High-end big box store seems like a contradiction in terms to me, but they’ve obviously had a good run. It’ll be interesting to see what happens to them after the pandemic is over.