Overview

• Liu has applied to a court for permission to purchase three leases at Tsawwassen Mills, Mayfair Shopping Centre and Woodgrove Centre for $6 million
• Canadian Tire Corp. Ltd. acquired Hudson’s Bay’s trademarks for $30 million earlier this month, outbidding Liu’s bid for the intellectual property
• Liu withdrew from the trademark auction after her offer climbed past $30 million and shifted focus to operating physical stores
• She intends to invest roughly $30 million upgrading broken escalators, roofs and facades to realize her vision
• Her proposed ‘Ruby Liu’ department store concept will incorporate retail with entertainment, fitness and community-oriented experiences pending landlord approval