What happens to the Hudson’s Bay stores now? Experts say spaces are too large to rent, could sit empty for months
Experts say it will be a challenging time for the retailer to find new tenants to take over its leases of the company’s ...
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 ...
The Canadian Press on MSN5d
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 ...
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 ...
Retail Insider7h
Hudson’s Bay Begins Sale and Lease Deal Process
Hudson’s Bay starts formal sale and lease solicitation processes as part of court-approved restructuring under CCAA ...
The Collapse of Hudson’s Bay Signals a Turning Point for Canadian Legacy Retailers
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The Canadian Press on MSN1d
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.
Business of Home on MSN13d
With the downfall of Hudson’s Bay, Canada loses yet another home retailer
The Canadian legacy brand joins a long list of retail closures north of the U.S. border—leaving a void in the home market ...
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.
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 ...
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 ...