Hudson’s Bay to liquidate entire business, still seeking additional capital

[CivicBlues]

Any liquidation sales going on now at the Bay?

[mikemhg]

Ya I need some info here, 10% off or what?

[CivicBlues]

Best we can do is 5% and 50,000 Bay Rewards points?

[JDMDreams]

I wouldn't mind some Seiko's, but they only have low end stuff and I don't feel like paying MSRP + tax

[EvoFire]

This brought me down a rabbit hole in the last few days.

A few years ago when the redevelopment plan was revealed for Metrotown, I was against it. I'm still against it now because I want a dry indoor place during the winter as Brentwood is miserable in the winter.

But at the same time I kind of see it as the demise of the traditional giant mall. The malls rely on the major anchor tenants which Metrotown has been losing the last 2 decades

90s Now
The Bay The Bay(going bankrupt)
Zellers Walmart
T&T T&T
Superstore Superstore
Sears Gone
Eatons Gone
Toysrus Going
Future Shop BestBuy?

I don't know if you would count Uniqlo and H&M with their large footprint stores as an anchor tenant. They don't occupy the traditional huge end of a hall type space.

Also, I couldn't remember where Eaton's used to be. Was it where Zara is now? Or was it SportChek?

[VRYALT3R3D]

Originally Posted by SkinnyPupp

Never "roll your eyes" at history

And yes, it still sucks that a large Canadian company is dying

I actually bought a few of the Point Blankets.

https://www.thebay.com/product/hbc-s...001019439.html

[mikemhg]

So their website has the following sale:

"Spend $200 get 15% off, $250 get 20% off, $300 get 25% off with code SAVE"

God damn I wasn't that far off with that 10%

Don't even bother, The Bay is known for marking up their stuff as well.

[donk.]

You dont buy from The Bay when its closing, you wait for it to liquidate, then you walk into winners and buy it at 50-80% off.

[BIC_BAWS]

Originally Posted by VRYALT3R3D

I actually bought a few of the Point Blankets.

https://www.thebay.com/product/hbc-s...001019439.html

This is gonna be the next flipped item.. a rare commodity in Hudson's Bay merch

[VRYALT3R3D]

Originally Posted by BIC_BAWS

This is gonna be the next flipped item.. a rare commodity in Hudson's Bay merch

They were pretty hard to come by. I think they all sold out by mid last week.



https://vancouversun.com/news/iconic...prices-on-ebay

I went to HBC yesterday and got a bunch of stuff discounted. I think if people are waiting for the liquidation, there won't be much left worth buying.

I hope they pull through and are able to save some of the stores and remain in business. A lot of jobs would be lost.

[BIC_BAWS]

Originally Posted by EvoFire

This brought me down a rabbit hole in the last few days.

A few years ago when the redevelopment plan was revealed for Metrotown, I was against it. I'm still against it now because I want a dry indoor place during the winter as Brentwood is miserable in the winter.

But at the same time I kind of see it as the demise of the traditional giant mall. The malls rely on the major anchor tenants which Metrotown has been losing the last 2 decades

90s Now
The Bay The Bay(going bankrupt)
Zellers Walmart
T&T T&T
Superstore Superstore
Sears Gone
Eatons Gone
Toysrus Going
Future Shop BestBuy?

I don't know if you would count Uniqlo and H&M with their large footprint stores as an anchor tenant. They don't occupy the traditional huge end of a hall type space.

Also, I couldn't remember where Eaton's used to be. Was it where Zara is now? Or was it SportChek?

I started looking into this to see if it was all Canadian stores that had the 90s effect.. Turns out that while Toys R Us Canada was an independent company to the US counterpart, it was owned by the US company.

Zellers was a Canadian discount store, later acquired by Hudson's Bay. I guess Wal-Mart as the Zellers replacement makes sense.

Also do you guys remember HMV.

[danned]

[68style]

Wasn't HMV British?

They have some in the TRU's here in Calgary...

[Jason00S2000]

Originally Posted by BIC_BAWS

Also do you guys remember HMV.

The 90's you could go to the local CD store and hang out in the grunge music section and girls would walk up to you, ask you your favourite band, talk music for 5 minutes, and they would give you their number if they liked your taste. My friend Dave and I would do that and sometimes get like 2-3 numbers each in an hour. So much fun. Go home and then call them and then meet up in Mahon park in North Van after sundown and go make out with them. Teenage life in the 90's was fucking amazing.

Music stores used to be the Tinder of the time.

[blkgsr]

Originally Posted by VRYALT3R3D

I went to HBC yesterday and got a bunch of stuff discounted. I think if people are waiting for the liquidation, there won't be much left worth buying.

This will be a fact, all the good stuff is going to be gone. We had to search and settle for a slightly different colour sheet set than we wanted because everything else was gone.

[Teriyaki]

Dropped by The Bay in DT on the way home from work yesterday, which was supposedly "day 1".

Watch department was basically cleaned out already. Maybe like 3-4 Timex's, 2 Seikos, 0 Casios, 0 Regular G-Shocks.

Just fashion brands like Hamilton and Fossil and the like, but also pretty slim pickings. Everyone that was "queueing" for the lone staff member was actually purchasing something after getting told the final price.

Not sure if they've been out of stock or they've been cleaned out, or maybe just shipped back to manufacturer...

Only 2 G-Shock MT-Gs in the case. Inquired. Not on sale, regular price.

[whitev70r]

Anyone been to the Metro Bay ... is there anything there worth going for? Or, has that one been raided already as well?

[CivicBlues]

The Bay Downtown is a fucking mess. No elevators or escalators are working you have to use the fucking fire escape to get between all 6 floors. And they're fucking tall floors too. I swear one day one of the boomers who still shop there are going to get a coronary climbing up to the 6th floor Men's department to buy a pair of chinos.

[Vansterdam]

[danned]