Posted Mar 8, 2025, 4:26 AM
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Registered User
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Join Date: May 2013
Location: Timmins, Northern Ontario
Posts: 8,986
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I'm wondering if a Canadian company will attempt to buy Hudson's Bay Company (HBC). I'm not exactly sure who owns it now but it still appears to be American owned and corporately-managed.
Potential buyers:
Loblaws (the Weston family): I believe they attempted to buy HBC in the past. I could see Galen trying. The largest Canadian retailer obtaining the oldest one kind of seems like a good fit. (I'm NOT a huge fan of Galen Weston btw)
Canadian Tire Corporation: the company would be able to fit the brand in well with the different types of stores they operate (Canadian Tire, Mark's and the various sporting goods chain stores) and probably could have some HBC standalone stores that carry classic HBC items.
Government of Canada: during this time of Trump threatening us, the federal government decides to rescue and nationalize HBC for historical and patriotic reasons with a plan to sell it to Canadian ownership in a few years.
Other that are only a remote possibility:
-Home Hardware
-Jim Pattison Group
-Empire Company (Sobeys)
-Metro Inc.
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