Hudson's Bay Company

[Richard White]

...market opportunity, or evidence of no market?

Eddie Bauer Poised to Exit Canada as Store Shutdown Looms

Eddie Bauer is expected to close all Canadian stores as part of a Chapter 11 restructuring affecting roughly 200 North American locations.

retail-insider.com

This does not shock me in the slightest.

I have been wearing Eddie Bauer Jackets for years but both me and a relative have noticed their quality dip in the past couple of years.

I had a Winter Jacket with them that was very warm and lasted 5 years without issue. My current jacket with them lasted 1 season. I was trying for a second but the stiching came undone in the velcro and the jacket is not nearly as warm.

I won't buy their overpriced garbage anymore and would rather shop around.

 

[matrix]

Judge blocks department store from moving into former HBC space at Yorkdale mall

Mall landlord Oxford Properties has won a fight to prevent an unwanted tenant from moving into the former Hudson's Bay store at Yorkdale Mall.

toronto.citynews.ca

A judge has blocked RioCan from letting Ailes set up shop at the former Bay lease at Yorkdale, for the exact reasons your may think. RioCan has until August to find a new tenant, or else the lease will go back to Oxford, and RioCan will be stuck paying a $75 million dollar mortgage for what would be essentially nothing.