Anyone with any knowledge of private equity knew this would happen. PE buys a business, sells off all the profitable bits, then leaves the rotting corpse for governments to clean up.
HBC engineered its own demise.
this post was submitted on 14 Mar 2025
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I should probably use the gift card I've been sitting on for a long time.
Problem is, everything there is overpriced crap.
I've got a Home Outfitters one still...
Wait until you see what's going on with their Bed Bath and Beyond court case
I saw NRDC, and read Natural Resources Defense Counsel, but it's National Realty & Development Corp.
Yup. They’re in it because they now own all the real estate. The business wasn’t important.
Should pivot into being Amazon like, with the current dept stores shrunk in number and converted into primarily distribution / fulfillment centres. Block/tax Amazon to allow local options to compete/enter the market.
Ride the pro Canada / anti American wave.