Retail Insider3h
Hudson’s Bay Begins Sale and Lease Deal Process
Hudson’s Bay starts formal sale and lease solicitation processes as part of court-approved restructuring under CCAA ...
Hudson’s Bay tells former executives their pension payments will be cut as retailer continues liquidation
HBC sent letters to participants in its ‘supplementary executive retirement plan’ that it is stopping all payments under the ...
Retail Dive1d
Hudson’s Bay to eliminate 200 corporate roles
Impacted employees will have their last day on Friday, while the company restructures and undergoes store liquidations.
No push from Hudson’s Bay lenders toward receivership yet
Asked whether they intended to do so, representatives for both Bank of America and Restore parent company Hilco Global ...
Judge rejects Hudson’s Bay restructuring plan as ‘neither necessary nor appropriate’
Superior Court Justice Peter Osborne said in his decision he did not “think it appropriate to grant the control and veto ...
Agence France-Presse on MSN4d
Hudson's Bay Company: from fur trade to department store downfall
From the 17th century fur trade that birthed a nation to the last major department store in Canada, The Hudson's Bay Company ...
What happened to The Hudson's Bay Company?
The Hudson's Bay Company may be in its final days, as the department store looks to possibly close all its stores by the end ...
The Canadian Press on MSN5d
Hudson's Bay is liquidating most of its stores. Here's what you need to know
Hudson’s Bay has begun liquidating all but six of its stores after the company filed for creditor protection earlier this ...
The Canadian Press on MSN2d
Judge rejects Hudson’s Bay proposal in creditor protection case
An Ontario judge rejected a Hudson’s Bay restructuring agreement Saturday evening, increasing the likelihood that lenders may ...
blogTO2d
Ontario Hudson's Bay locations that were to remain open might have to close
An Ontario judge's recent decision has raised doubts over the fate of Hudson's Bay stores in the province, including those ...
Hudson’s Bay liquidation: What happens when a company goes bankrupt?
Like many retailers, Hudson’s Bay struggled during the COVID-19 pandemic, but its troubles ran deeper. Now, the company is ...
Canada’s oldest company to liquidate all but 6 stores starting Monday
A court has given Hudson’s Bay permission to start liquidating all but six of its stores. Canada’s oldest company dates back ...