The Wall Street Journal yesterday reported -- to no one's great surprise -- that Hudson's Bay is apparently in its death spiral. According to the WSJ, HBC has filed for creditor protection, although a spokesperson dismissed this as a "rumour."
It's been observed in this thread before that the HBC store at MicMac has shown signs of neglect for years. The store's exterior has never been updated since it opened as Simpson's in 1973; the interior hasn't been refreshed in many years. The store's signage was not replaced when the chain dropped "The Bay" branding over 20 years ago.
Retail observers are suggesting many of the 80+ remaining HBC locations are likely to close in the coming days. It's hard to imagine that this neglected Dartmouth store will survive.
It's a far cry from the days when HBC -- and predecessors Simpson's and Simpsons-Sears -- was the dominant retail player in Halifax. HBC has been called Canada's oldest retailer, around 355 years, although it was British-owned until 1970 and became American-owned in 2003.