Tag: TurnaroundStrategy
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Hudson’s Bay: A Retail Giant on the Brink
Hudson’s Bay Company (HBC), with a 355-year legacy and once a dominant force in Canadian retail, now faces over $1.1 billion in debt, a 30% decline in sales, and possible liquidation of 80 stores. What went wrong, and what lessons can be learned? Key Financial Missteps:1. Debt Overload & Liquidity Crunch – Excessive leverage without…