The department store chain, founded in 1670, can't pay its debts and says the pandemic, inflation and now trade tensions have ...
If you stepped into Hudson Bay's flagship store in downtown Vancouver this week, you would have found all elevators and escalators completely out of service. Even the stationary escalators were ...
North American retailer Hudson’s Bay Company has initiated creditor protection proceedings under the Companies’ Creditors Arrangement Act (CCAA), a strategic move for recovery amidst Canadian ...
Stephen R. Bown is the author of The Company: The Rise and Fall of the Hudson’s Bay Empire, which won the 2021 National Business Book Award. In its early days as a fur trader, the storied Hudson ...
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 ...
“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 ...
TORONTO--(BUSINESS WIRE)--Hudson’s Bay Company ULC (Hudson’s Bay or the company), the Canadian entity that comprises the retailer Hudson’s Bay and TheBay.com, today announced that it has ...
Canada’s oldest retailer, Hudson’s Bay, has filed for creditor protection and intends to restructure the business TORONTO -- Canada’s oldest retailer, Hudson’s Bay, has filed for creditor ...
The iconic Hudson’s Bay department store chain has filed for creditor protection and says it intends to restructure its business. The company, which operates more than 80 locations, with 36 in ...
(Bloomberg) -- Hudson’s Bay, Canada’s oldest retailer, is planning to file for bankruptcy, according to people with knowledge of the matter. The department chain has been unable to secure ...
Canada's oldest retailer, Hudson's Bay department store, cannot pay its debts. The high-end chain, dating back to the 17th-century fur-trade era, has been losing money and shoppers, set back by ...
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