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 ...
Retail Insider4h
Hudson’s Bay Sales Collapsed Prior to Bankruptcy: Leaked Memo
Hudson’s Bay saw a 33% sales drop and a 50% e-commerce decline in 2024, revealing major challenges before filing for ...
What happens to the Hudson’s Bay stores now? Experts say spaces are too large to rent, could sit empty for months
Experts say it will be a challenging time for the retailer to find new tenants to take over its leases of the company’s ...
Retail Insider22h
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 ...
blogTO3d
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 ...
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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 ...
The Canadian Press on MSN2d
Vacant Hudson’s Bay stores could spark interest — if landlords are willing to get creative
Apartments, health centres and even pickleball courts may be coming to your local mall after Hudson's Bay departs.
The Canadian Press on MSN4d
Judge rejects Hudson’s Bay proposal in creditor protection case
TORONTO – An Ontario judge has rejected a Hudson’s Bay restructuring agreement, increasing the likelihood that lenders may ...
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 ...
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.