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Pastimes : Wow!

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From: Sun Tzu6/2/2025 4:49:37 PM
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Not the kind of Wow that we would want, but the world's oldest company died today. It was, for a very long time, my favorite department store.

Hudson’s Bay Company, Canada’s oldest retailer, didn’t die of natural causes — it was gutted by private equity. Stripped of assets and loaded with debt, it leaves behind job losses, endangered pensions, and a hollowed-out legacy reduced to branding rights.

Hudson’s Bay officially closes after 355 years in business
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