If you're a member of The Bay Rewards program, you may be wondering what to do now that the store chain has filed for ...
Retail strategist Carl Boutet analyzes Hudson’s Bay’s financial troubles and restructuring under CCAA, questioning whether the retailer can survive its decline.
The department store chain, founded in 1670, can't pay its debts and says the pandemic, inflation and now trade tensions have ...
For more than 350 years it’s been Canada’s oldest corporate entity and one of the country’s most recognizable retail brands.
German-owned Amor Jewelry Canada filed two separate lawsuits against HBC alleging it stopped paying $2.2m debt and committed ...
Unifor urges the Hudson's Bay Company ULC (HBC) to protect and prioritize worker's wages, pension and benefits during ...
The Hudson's Bay Company (HBC) has responded to a report claiming the Canadian department store chain will soon file for ...
Restore Capital, an affiliate of Hilco Global, together with other lenders, has committed to provide interim debtor-in-possession financing to fund HBC's operations.
Hudson’s Bay, a historic Canadian department store chain, has sought protection in its home country and intends to ...
Canada's oldest retailer, Hudson's Bay Co., has filed for creditor protection and intends to restructure the business.
An overview of Hudson’s Bay’s CCAA court order, outlining the company’s restructuring process and creditor protection ...
The chain also has licenses to run some Saks Fifth Avenue and Saks Off 5th locations in Canada — remnants of once-joint ownership. The parent company, called HBC, purchased the U.S. chains ...