this post was submitted on 03 Jun 2025
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No, it couldn't.
Hbc sold most of its real estate holdings by the 60s and 70s. It was already dead by the 80s when they couldn't adapt to malls, it was even more dead in the 90s when it refused to ditch the "department store" approach.
By the time private equity got hold of it in 2008, there was almost nothing left.