TORONTO — Despite holding out hope it can avoid a full shutdown, Hudson’s Bay says it is planning an “immediate” liquidation that would begin next week and wrap up in June. In a late Friday ...
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TORONTO - The restructuring process Hudson’s Bay kicked off Friday will likely see Canada’s oldest company shrink as it works to stay alive. According to a source familiar with the matter ...
Hudson’s Bay, one of Canada’s most iconic department store chains, has officially filed for bankruptcy protection. While this may come as a surprise to some, for many in the retail industry, the move ...
In what could be the first Trump tariff casualty, the oldest retail chain across North America, Hudson’s Bay Company, has filed for creditor protection. The Canadian department store retailer ...
“While very difficult, this is a necessary step to strengthen our foundation and ensure that we remain a significant part of Canada’s retail landscape,” Liz Rodbell, Hudson’s Bay’s chief executive ...
Hudson’s Bay is in a financial crisis and has been granted court protection from its creditors, as it seeks to restructure the business. Now, Canadians holding gift cards and loyalty points from ...
The retailer, which operates 80 Hudson’s Bay, three Saks Fifth Avenue and 13 Saks Off 5th stores in Canada, faces “an urgent liquidity crisis,” with liabilities above the threshold for ...
The restructuring process Hudson’s Bay kicked off Friday will likely see Canada’s oldest company shrink as it works to stay alive.
Hudson’s Bay, the Canadian department store chain that has been a going concern since 1670, has filed for bankruptcy. The oldest retail business in Canada has filed for protection from its ...
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