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Hudson's Bay Co. Faces Liquidation After Real Estate-Focused Strategy
Richard Baker's 17-year tenure as governor of Hudson's Bay Co. prioritized real estate deals over retail, generating billions but leaving the company facing liquidation due to declining sales and alienated landlords; 9,000 jobs are at risk.
Hudson's Bay Co. Faces Liquidation After Real Estate-Focused Strategy
Richard Baker's 17-year tenure as governor of Hudson's Bay Co. prioritized real estate deals over retail, generating billions but leaving the company facing liquidation due to declining sales and alienated landlords; 9,000 jobs are at risk.
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