Earlier this month, Edmonton’s Hudson’s Bay store announced the upcoming closure of its City Centre location Whether or not Winnipeg’s Hudson’s Bay location downtown can survive is something Asper School of Business marketing professor Fang Wan said will be an interesting challenge, especially during the COVID-19 pandemic.
In the fall, the iconic building, built in 1926, was given a valuation of $0; selling it would cost millions, and an estimated $111 million would have to be spent bringing the building up to code. “Experience is really the key,” sais Wan.
She said the retailer, which has two floors of open space, should invite new players to the game and divide the floors into different spaces. [ Sign up for our Health IQ newsletter for