What Pulled Hudson’s Bay Underwater
The venerable Toronto-based chain faced stronger competition, a lack of investment and a string of management changes and ...
Last six Hudson’s Bay stores also headed for liquidation — unless a solution is found by April 4
Experts are not optimistic the department store will find buyers or investors to support a restructuring deal within the ...
The Canadian Press on MSN2d
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 ...
Judge rejects Hudson's Bay restructuring proposal intended to save remaining stores
An Ontario judge has rejected a Hudson's Bay Company restructuring agreement, increasing the likelihood that lenders may seek to push the company into receivership.
The Canadian Press on MSN11h
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 ...
Hudson’s Bay cuts 200 corporate jobs effective April 4
TORONTO - Hudson's Bay says it has notified about 200 of its staff working in corporate roles that their employment will be ...
Agence France-Presse on MSN21h
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 ...
Hudson's Bay managers will get up to $3 million in bonuses, but workers get no severance
The beleaguered Hudson's Bay Co., which plans to close most of its 96 stores by the end of June, will pay up to $3 million ...
Hudson’s Bay seeks court approval for agreement that would shorten time to save six stores from liquidation
Canada’s oldest retailer was back in court Wednesday, weeks after it first received court protection from creditors ...
The Canadian Press on MSN4d
Hudson’s Bay wants court to OK agreement to save 6 stores, including 3 in Quebec
Hudson’s Bay’s request comes as the bulk of its 80 stores, 13 Saks Off Fifth locations and three Saks Fifth Avenue shops ...
Retail Insider2d
Mixed Feelings as Canadians React to Hudson’s Bay Bankruptcy
New survey reveals 83% of Canadians are aware of Hudson’s Bay’s bankruptcy, with reactions ranging from sadness to ...
The Canadian Press on MSN3d
Hudson's Bay awaits timeline for saving remaining six stores rescued from liquidation
Canada's oldest company, Hudson's Bay, may be on the verge of landing more time to save the six stores it has temporarily ...