this post was submitted on 15 May 2025
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Canadian Tire???????
huh I would've never imagined CT to buy Hudsons Bay
For non-Canadians, my shock comes from the fact that:
It's like an ice cream company buying a travel agency; it's not impossible, it's just quite shocking if it happens.
Edit:
Oh wow I didn't realize that CT already owned companies such as SportChek and Marks🤔 TIL.
I mean Canadian Tire is more of a general store. Hudson Bay started out as a general store and evolved to a more upper class department store. It's way classier or at least it is meant to be but I totally see the link between the two.
Also, Canadian Tire has more than just the Canadian Tire stores now, they own Mark's, Sports Chek, Helly Hansen, Sher-Wood and a couple of other sport related stores in Quebec primarily focused on Hockey, they've been slowly expanding for a couple of years.