Hudson’s Bay tells former executives their pension payments will be cut as retailer continues liquidation
HBC sent letters to participants in its ‘supplementary executive retirement plan’ that it is stopping all payments under the ...
What Pulled Hudson’s Bay Underwater
The venerable Toronto-based chain faced stronger competition, a lack of investment and a string of management changes and ...
No push from Hudson’s Bay lenders toward receivership yet
Asked whether they intended to do so, representatives for both Bank of America and Restore parent company Hilco Global ...
The Canadian Press on MSN7d
Hudson's Bay is liquidating most of its stores. Here's what you need to know
Hudson's Bay has begun liquidating all but six of its stores after the company filed for creditor protection earlier this ...
The Canadian Press on MSN3d
Court refuses Hudson's Bay restructuring plan to empower lender in creditor protection case
An Ontario judge rejected a Hudson’s Bay restructuring agreement Saturday evening, increasing the likelihood that lenders may seek to push the company into receivership.
The Canadian Press on MSN20h
Vacant Hudson’s Bay stores could spark interest — if landlords are willing to get creative
Apartments, health centres and even pickleball courts may be coming to your local mall after Hudson's Bay departs.
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 ...
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Can Design Thinking Save Hudson’s Bay?
Retail strategist Ashwin Raman says Hudson’s Bay can be reinvented through bold, design-led solutions as most stores enter ...
Hudson’s Bay to eliminate 200 corporate roles
Impacted employees will have their last day on Friday, while the company restructures and undergoes store liquidations.
Hudson’s Bay liquidation: What happens when a company goes bankrupt?
Like many retailers, Hudson’s Bay struggled during the COVID-19 pandemic, but its troubles ran deeper. Now, the company is ...
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Hudson's Bay Company bankruptcy leaves local business with $80K in unpaid invoices
THUNDER BAY — A local business was blindsided by the news that the Hudson’s Bay Company (HBC) has filed for bankruptcy and ...
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Canada's oldest company to liquidate all but 6 stores starting Monday
TORONTO — 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 ...