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Podcast: The Big Story
Episode: The inevitable demise of the Hudson's Bay Company
Description: What were once positioned as the four stripes that were recognizable by Canadians worldwide now sparingly lace abandoned shelves across the country dressed with 'clearance' tags.
The Hudson's Bay Company has begun the process of liquidating all but six stores Canada-wide, with those remaining - three in Ontario and three in Quebec - still very much up for grabs if the company doesn't present a comprehensive restructuring plan moving forward. But the question on many people's minds still remains: how did Canada's oldest company fall into the hands of creditor protection? A name once emblematic of Canadian retail, history and...