sad day in canadian history
By cher913
@cher913 (25859)
Canada
July 17, 2008 8:23am CST
one of canada's icons has been sold to a us company. Canada's oldest retail company, the Hudson's Bay Company has been sold to the owner of the upscale Lord and Taylors. It is another sad day as yet another canadian company goes south.
http://ca.news.finance.yahoo.com/s/16072008/2/biz-finance-new-american-owners-plan-freshen-bay-zellers.html
3 responses
@raydene (9874)
• United States
22 Jul 08
Hi Doll
Yes sad for you but I can not be too sad cause it's happy for us in USA.
It will fit right along with the wonderful Lord and Taylors.
I am so close to Canada I forget we are two countries most of the time.
Many of my relatives are Canadians.
xoxoxoxoxoxo
@teison2 (5923)
• Norway
17 Jul 08
It is really sad when that happens. I get upset every time a Norwegian company with a long history gets sold. When for instance Freia was sold to a Sweedish company I got really sad. It has to do with traditions, culture, identity as well as workplaces and the power for us as a nation to the decide a companys future. When sold one never know when they will outsource production or shut down parts ot the company
@Phlamingho (7827)
• Denmark
17 Jul 08
Well, this dosen't have to be a bad thing :) Could mean better prices and services. You'll never know :)
