Liquidation sales kicked off Monday morning at all but six of Hudson's Bay's locations, as the company continues to search for a way to restructure. An Ontario judge gave Canada's oldest company ...
Hudson’s Bay, Canada’s oldest retailer, is set to lay off approximately 90% of its workforce, or 8,347 employees, by Sunday, June 1, as it concludes its liquidation sale and shuts all stores. Founded ...
[Update as of March 24, 2025] The Ontario Superior Court of Justice, which is supervising the Hudson’s Bay Company bankruptcy under the Companies Creditors Arrangement Act (CCAA), has approved ...
Property mogul Ruby Liu promised to revitalize 28 Hudson's Bay stores under her own name but a Canadian court looks to have ...
TORONTO – Canada’s oldest company will begin going-out-of-business proceedings for nearly all of its 80 Hudson’s Bay stores today. Hudson’s Bay Company ULC, the Canadian entity comprising the retailer ...
TORONTO (Reuters) -Canada's Hudson's Bay Company plans to lay off 8,347 employees, or 89% of its workforce, by Sunday when it will conclude its liquidation sale and shut all stores, according to ...
TORONTO (AP) — An Ontario court on Friday gave Hudson’s Bay, Canada’s oldest company, permission to start liquidating all but six of its stores on Monday. The approval from Ontario Superior Court ...
Canada’s oldest company will begin going-out-of-business proceedings for nearly all of its 80 Hudson’s Bay stores today. Canada’s oldest company will begin ...
As part of its liquidation process, Hudson’s Bay Company will sell its intellectual property (IP) to Canadian Tire, another retailer with a long history in the country (though not quite as long as ...