Gary Newbury

Retail expert Gary Newbury delves into the demise of the Hudson's Bay Company, once a Canadian retail icon. He discusses the company's drastic reduction of stores due to overwhelming debt and the failure to adapt to changing consumer habits. Newbury highlights the pandemic's role in accelerating online shopping, leaving legacy retailers vulnerable. The conversation further explores lessons from HBC's struggles and the potential for revival, emphasizing the need for retailers to connect with customers in an evolving marketplace.