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.
Full Article
Heat stroke vs. heat exhaustion: Safety tips in a heat wave
A life-threatening heat wave is forecasted for the East Coast, with heat indices reaching up to 108 degrees in cities like New York and Washington, D.C. Doctors urge caution as over 700 annual heat-related deaths occur in the U.S.; staying hydrated, limiting outdoor time, and monitoring vulnerable individuals are critical safety measures. Need More Context? 🔎
Read more