Hudson's Bay returns to court to seek approval to begin liquidating its business
Hudson's Bay is set to be back in court Monday morning where it will seek approval to begin liquidating its entire business, putting more than 9,000 jobs at risk.
Hudson's Bay liquidation may begin soon as Canada's oldest company collapses
Hudson's Bay Company has signalled its readiness to take the next major step in its creditor protection and restructuring process, a move that will
Hudson's Bay going back to court to request approval to liquidate its business
Hudson’s Bay will return to court on Monday, seeking approval to begin liquidating its entire business. It’s a move that could put over 9,000 jobs at risk. The iconic department store, known as Canada’s oldest company,
Canada’s Hudson’s Bay Forced to Liquidate Unless Last-Minute Financing Can Be Found
North America's oldest corporation has struggled through decades of roller coaster business trends, management changes and repositionings.
Hudson’s Bay to liquidate entire business, still seeking additional capital
Hudson's Bay announced Friday night that unless it finds a more viable path forward, it will begin liquidating its entire business as soon as next week, putting more than 9,000 jobs at risk.
Customers flock to Hudson’s Bay ahead of liquidation
A Minnesota senior who drove seven hours to stock up on items at a Hudson’s Bay store is ‘grieving’ the potential loss of the iconic chain. The Bay filed for creditor protection last week. Then, on
Hudson’s Bay Faces Liquidation as JLL Manages Lease Sales
Hudson’s Bay is set for liquidation as JLL oversees lease sales, with stores closing by June 2025. The retailer’s future remains uncertain amid bankruptcy.
Hudson's Bay says it will liquidate entire business if no financing can be secured
A closure of the entire business would mean job losses for 9,364 employees the company has in Canada across its Hudson's Bay stores, as well as three Saks Fifth Avenue stores and 13 Saks Off 5th locations it owns through a licensing agreement.
Hudson’s Bay to liquidate business, owes Island creditor companies
Hudson's Bay, Canada's oldest company, is hoping it can avoid a shut down by announcing a liquidation strategy amid financial struggles.
Hudson’s Bay plans ‘immediate’ liquidation of entire business
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. The company said it remains optimistic it can drum up capital and find a solution with key stakeholders,
A run on famous blankets as Hudson's Bay says it might close all stores
Point blankets were used by European settlers and explorers to barter for furs with Indigenous peoples in today’s Canada as ...
Hudson’s Bay in Canada Files for Bankruptcy Protection, Initiates Restructuring Proceedings
Through its long history, the department store underwent numerous repositionings, remerchandisings and ownership changes, but ...
Hudson's Bay Company nearly $1B in debt, with court filings painting dire financial portrait
Hudson's Bay Company is nearly a billion dollars in debt, according to court filings that paint a dire portrait of the ...
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Shoppers dismayed by 'paused' Hudson’s Bay rewards program
Retail experts warn that even if the Hudson’s Bay rewards program returns, it may be altered to lower the value of points ...
The Canadian Press on MSN1d
Lack of store investment, underlying issues led Hudson's Bay to 'slow death': experts
Analysts say the planned liquidation of Hudson's Bay will leave a hole in the country's retail landscape, as Canada's oldest ...
What happens to The Bay rewards and gift cards amid creditor protection?
If you're a member of The Bay Rewards program, you may be wondering what to do now that the store chain has filed for ...
Inside Halton4d
Hudson’s Bay faces a retail crisis. How many of its 32 Ontario stores will survive the restructuring?
Hudson’s Bay announced it is seeking creditor protection under the Companies’ Creditors Arrangement Act (CCAA). It operates ...
NOW Toronto4d
‘Play it smart,’ Hudson’s Bay customers advised to use gift cards ASAP amid restructuring
Time might be running out to use your Hudson's Bay gift card. Canada’s oldest retailer has filed for creditor protection as it restructures its business, leaving experts urging shoppers to spend their ...