Canada’s oldest company to liquidate all but 6 stores starting Monday
A court has given Hudson’s Bay permission to start liquidating all but six of its stores. Canada’s oldest company dates back ...
Yahoo6d
Canada’s Hudson’s Bay Forced to Liquidate Unless Last-minute Financing Can Be Found
Hudson’s Bay Company, Canada’s venerable department store chain and the oldest corporation in North America, will begin to liquidate its entire business next week. The Toronto-based company ...
Yahoo14d
Hudson’s Bay in Canada Files for Bankruptcy Protection, Initiates Restructuring Proceedings
Like in a typical Chapter 11, Hudson’s Bay will be examining its store fleet, payroll and other operations and assets to determine what should be kept or disposed. Alvarez & Marsal Canada Inc ...
Global News5d
Hudson’s Bay liquidation plan to be reviewed by judge after court hearing
2:20 Canada’s oldest company seeking to liquidate The commitments weren’t enough to satisfy all of Hudson’s Bay’s needs and required a full liquidation, forcing the company to “double ...
Yahoo Style Canada6d
Canada’s Hudson’s Bay Forced to Liquidate Unless Last-minute Financing Can Be Found
Hudson’s Bay Company, Canada’s venerable department store chain and the oldest corporation in North America, will begin to liquidate its entire business next week. The Toronto-based company said ...
KPBS11d
Canada's Hudson's Bay has survived 355 years. Now the store is in crisis
Canada's oldest retailer, Hudson's Bay department store, cannot pay its debts. The high-end chain, dating back to the ...
The Vancouver Sun12d
Hudson's Bay files for creditor protection to avoid bankruptcy: 'This is a big loss for Canada'
Hudson’s Bay announced the move Friday, saying it has been facing significant pressures, including subdued consumer spending, trade tensions between the U.S. and Canada, and a post-pandemic ...
Financial Post12d
Once an iconic store, what's next for Canada's Hudson's Bay?
“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 ...
The Globe and Mail8d
Hudson’s Bay, Canada’s oldest retailer, faces financial crisis
In a moment when more people are looking to buy Canadian, Canada’s oldest retailer is facing a financial crisis. Last week, Hudson’s Bay was granted creditor protection. Court documents showed ...
blogTO11d
Hudson's Bay crisis made clear in creditor protection filing by Canada's oldest company
Moreover, the judge agreed with Hudson's Bay's claim that its flagship stores in major downtown locations across Canada have been "disproportionately impacted," as these large city centre store ...
Wall Street Journal14d
Hudson’s Bay, Canada’s Oldest Retail Chain, Nears Bankruptcy
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 ...
Seeking Alpha14d
Canada's storied Hudson Bay nearing bankruptcy - WSJ
Hudson Bay department stores currently sit on some of the most prime real estate in Canada, including 844K square feet in British Columbia, 655K square feet in downtown Montreal, and its 850K ...