B.C. Billionaire Ruby Liu Lowkey Tryna Cop Hudson's Bay Leases? 👀💰

The Tea is Piping Hot 🔥

Alright, fam, listen up! There's this billionaire named Ruby Weihong Liu, and she's kinda a big deal in B.C. She owns Mayfair Shopping Centre and Woodgrove Centre, plus Tsawwassen Mills. But now, she's eyeing something even bigger: Hudson's Bay leases. No cap, she wants to open her own chain of retail stores called "A New Bay" all across Canada, which could be kinda fire if she pulls it off.

Apparently, Hudson's Bay is going through some stuff, like creditor protection, so they're selling off a bunch of leases. And Ruby Liu, through her company Central Walk, is one of like, twelve bidders trying to snag 39 of 'em. Talk about a power move!

But here's the sus part: Canadian Tire already swooped in and bought the rights to use Hudson's Bay's iconic stripe design and logos for $30 million. So what's "A New Bay" even gonna look like? Will it be a whole new vibe, or just a recycled version of the OG Hudson's Bay? 🤔

BTW, Ruby Liu ain't new to this game. She sold a mall in Shenzhen for like, $1.25 billion back in 2019. So she's got the bread to make some serious moves. She even denied some allegations that she's a "white glove" for investors tryna move money out of China. Shady? Maybe. Interesting? Def.

Craig Patterson, this retail dude, said that Central Walk turned Tsawwassen Mills into a whole entertainment hub. So maybe "A New Bay" will be more than just a store. Maybe it'll be a whole experience. We'll have to wait and see if Ruby Liu can secure those leases and make her vision a reality. This is gonna be interesting, fam!