The Hudson Bay Company (HBC), Canada’s oldest corporation founded in 1670, will sell its brand to Canadian Tire for C$30 million ($21.5 million) as it seeks creditor protection after liquidating all its stores due to challenges in the retail landscape post-pandemic and US tariffs. HBC, known for its iconic striped blankets and a range of products, experienced a surge in demand before its closure, sparking hopes for a brand revival. The sale will preserve the brand’s legacy, including in-house labels like Gluckstein and Distinctly Home, despite the shutdown of physical locations.
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Popular supplement kratom faces scrutiny over addiction concerns: “It’s ruining people’s lives”
Growing concerns over the safety of kratom, a popular supplement derived from a Southeast Asian tree, have surfaced due to its association with addiction, seizures, and deaths, leading to bans in six states and regulations in at least 18 others. Health and Human Services Secretary Robert F. Kennedy Jr. announced plans to crack down on kratom, while lawsuits against companies like Botanic Tonics highlight misleading marketing practices and the need for better regulation. Want More...
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