Billionaire Ruby Liu plans to buy Hudson's Bay leases to open her own store, but landlords doubt her financial claims.

Billionaire Ruby Liu aims to buy 25 Hudson's Bay leases for $69.1 million to launch a new department store named after herself. However, major landlords, including Cadillac Fairview and Oxford Properties, oppose the sale, arguing Liu lacks the required funds and experience. Landlords contest her claim of a $400 million budget, stating much of her money is tied up in non-binding international commitments. The sale could help Hudson's Bay repay its $1 billion debt.