Hudson's Bay closure would be 'quite a loss' for Canadians, says retail expert
Plans by Hudson's Bay's to liquidate its entire business and close all of its stores is 'another blow' for Canadians who have seen the end of other department store chains like Sears and Eaton's, says Craig Patterson, founder and publisher of retail media site Retail Insider. 'In North America, I think the department store model is pretty much, for the most part, dead.'