Business Wire12d
Hudson’s Bay Company ULC, the Operator of Hudson’s Bay Stores and TheBay.com, Initiates Restructuring Proceedings Under CCAA in Response to Canadian Retail Industry Challenges
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 ...
Financial Post6d
Hudson's Bay to Undergo Full Liquidation Unless an Alternative Solution Emerges
TORONTO — 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 it has filed documents with the Ontario ...
Forbes9d
Hudson’s Bay Cites Tariffs As It Enters Canadian Version Of Chapter 11
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 ...
Global News4d
Hudson’s Bay plans ‘immediate’ liquidation of entire business
1:41 Hudson’s Bay to liquidate entire business amid financial shortfall Analysts say the planned liquidation of Hudson’s Bay will leave a hole in the country’s retail landscape, as Canada ...
blogTO9d
Hudson's Bay crisis made clear in creditor protection filing by Canada's oldest company
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 ...
Global News7d
‘Very sad to see’: Hudson’s Bay missed opportunity to target new market, expert says
As Hudson’s Bay Co. restructures through the creditor protection process, a retail expert is calling Canada’s oldest company’s struggle “very sad to see,” with little hope for long-term ...
Seeking Alpha12d
Canada's storied Hudson Bay nearing bankruptcy - WSJ
Hudson Bay, which got its start in the 17 th century fur trade, is reportedly nearing bankruptcy, sources told The Wall Street Journal. The storied Canadian department store, known for its iconic ...
Yahoo Finance9d
Hudson’s Bay seeks creditor protection under CCAA for recovery
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 ...
Financial Post13d
Canadian retailer Hudson's Bay prepares to file for bankruptcy
Hudson’s Bay has also been delaying payments to suppliers, they added. The retailer’s plans could change, the people said. A representative for Hudson’s Bay said the company does not comment on ...
CBC.ca5d
Hudson's Bay says it will liquidate entire business if no financing can be secured
The death knell is ringing for Canada's oldest company. Hudson's Bay announced late Friday evening that unless it finds a more viable path forward, it will begin liquidating its entire business as ...
Toronto Star6d
Hudson’s Bay to liquidate entire business, still seeking additional capital
The death knell is ringing for Canada’s oldest company. Hudson’s Bay announced late Friday evening that unless it finds a more viable path forward, it will begin liquidating its entire ...
ABC News11d
Hudson's Bay seeks creditor protection, plans to restructure business
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 ...