The Hudson’s Bay Company (HBC) filed for creditor protection under the Companies’ Creditors Arrangement Act (CCAA) last week. The move follows a steep 30% decline in sales over the past 12 months and ...
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 ...
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.
Vancouver’s flagship Hudson’s Bay store was quiet Saturday, with only a handful of shoppers — a scarcity that marks the decline of North America’s oldest company and a pillar of Canadian ...
Canada’s oldest retailer is working on a restructuring plan that could keep roughly 40 of its 80 Hudson’s Bay stores open, if the company can secure financial assistance from its landlords.
Canada’s oldest retailer, Hudson’s Bay Co., is facing a “financial crisis” and has been granted protection from its creditors as it seeks to restructure the business. The company ...
Hudson’s Bay, the Canadian department store chain founded in 1670, is preparing for a bankruptcy filing within days, people familiar with the matter said. The chain became a stand-alone ...
Police in Hudson, Wisconsin, say they made a shocking discovery following an hourslong standoff overnight Thursday. Officers responded to a welfare check along Namekagon Street just after 3 p.m ...
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