Ruby Liu plans to take over 28 former Hudson's Bay retail locations in Canada, focusing on engaging younger consumers in physical shopping experiences. Having already acquired three leases for around $6 million, her strategy involves learning from successful retail models in Thailand and Japan. However, she faces significant opposition from landlords who are dissatisfied with negotiations and are hesitant about her taking over the vacant spaces. The success of her vision depends on securing court approval and garnering the support of landlords unhappy with discussions.
Liu emphasizes the need to energize traditional retail by creating experiences that attract younger consumers, stating the importance of bridging online shopping with physical store visits.
The overwhelming opposition from landlords poses a significant challenge, as many have expressed dissatisfaction with negotiations and discussions regarding Liu's leases.
Ruby Liu's approach includes potentially incorporating ideas from successful retail in Thailand and Japan, aiming to make shopping enjoyable again for consumers.
Having successfully acquired three leases for $6 million, Liu's plans hinge on securing court approval and negotiating with landlords across Canada.
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