"A Chinese billionaire in British Columbia has taken to social media to announce her plans to buy dozens of Hudson's Bay locations after she saw "Canadians feeling sad" over the collapse of the retail giant.
Entrepreneur Weihong Liu is the board chairwoman of Central Walk, a retail investment company that owns three shopping centres in B.C.
Liu has shared a series of videos on the Chinese social media platform RedNote, saying she wants to "restore The Bay to its glory."
"Knowing that The Bay, this national brand that carries Canada's history, will collapse, I can't stand by and watch, you must do your best to do something, to save it, to let the Canadian spirit continue," Liu said in Mandarin. "Let the young generation in Canada fall in love with The Bay again."
Liu set out her business plans to purchase many of the stores on a whiteboard in one of her videos, saying The Bay has hundreds of years of history and she doesn't want to see it collapse.
"So, we Canadians need to unite together, we need to revitalize the retail, and solve employment, create miracles."
The videos show her touring The Bay locations, from Toronto to Calgary, alongside B.C. based real estate agent Linda Qin."
source:
Owner of three shopping malls in B.C. says she wants to buy Hudson's Bay
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