Hudson’s Bay, a 354-year-old retail giant, is closing all stores, blaming tariffs, inflation, and weak consumer spending. Thousands lose jobs as liquidation sales start immediately.
The Canada-U.S. trade war takes another victim. With duties on billions in goods, both nations feel the squeeze. Protectionism has a price—one paid by workers and consumers alike.
Another retail casualty in a brutal economic climate. Post-pandemic foot traffic never recovered, inflation crushed margins, and now Hudson’s Bay is history.
Canadian department store blames America as it liquidates all remaining locations and lays off thousands https://t.co/XWfcHZNrwr
— Daily Mail (@DailyMail) March 18, 2025