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Ruby Liu Invests $30M to Launch New Department Store Chain

6/24/2025

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Summary

Story summary

Ruby Liu secured court approval to purchase three Hudson's Bay leases for $6 million in B.C.
She intends to launch a department store chain named Ruby Liu, featuring clothing, jewelry, and dining.
Liu is encountering resistance from landlords over 23 additional leases and has placed a $9.4 million deposit for future bids.
Her investment plan exceeds $30 million to renovate the acquired locations and grow her retail footprint in Canada.

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Story summary

Ruby Liu secured court approval to purchase three Hudson's Bay leases for $6 million in B.C.
She intends to launch a department store chain named Ruby Liu, featuring clothing, jewelry, and dining.
Liu is encountering resistance from landlords over 23 additional leases and has placed a $9.4 million deposit for future bids.
Her investment plan exceeds $30 million to renovate the acquired locations and grow her retail footprint in Canada.