The B.C.-based billionaire is bidding on more than 20 Hudson’s Bay leases and would operate the stores under a new name, she said in a social media post. (Vancouver Sun)

Talking point: Liu, the founder of real estate investment firm Central Walk—which owns Delta, B.C. mall Tsawwassen Mills—said she bid to acquire the insolvent retailer’s intellectual property. She lost to Canadian Tire, which will buy those assets, including the Bay’s iconic stripes branding, for $30 million. In a social media post, Liu teased the design for the stores she hopes will replace the Bay, a play on her English name, Ruby. “It’s ‘Ruby Liu: A New Bay,’” read a paper sign displaying her name inside a red gemstone. The company has until May 30 to get court approval to sell its leases and other assets to selected bidders.