The Canadian Press on MSN5h
Hudson's Bay to liquidate entire business, still seeking additional capital
Despite holding out hope it can avoid a full shutdown, Hudson's Bay says it is planning an "immediate" liquidation that would ...
The Canadian Press on MSN3h
Hudson’s Bay plans ‘immediate’ liquidation of entire business
In a late Friday announcement, Canada's oldest company said it couldn't secure the necessary financing to keep at least some of its empire alive.
Stikeman Elliott Leading Restructuring Fight for Storied Canadian Retailer Hudson’s Bay Co.
Led by Stikeman partners Ashley Taylor and Maria Konyukhova, the restructuring of Canada’s oldest company, which was ...
North Country Public Radio5d
Canada's Hudson's Bay has survived 355 years. Now the store is in crisis
The department store chain, founded in 1670, can't pay its debts and says the pandemic, inflation and now trade tensions have ...
blogTO4d
Hudson's Bay crisis made clear in creditor protection filing by Canada's oldest company
Founded in 1670, Hudson's Bay, the oldest company in North America and a Canadian retail institution, now finds itself in a fight for survival nearly 355 years later. CCAA provides Hudson's Bay ...
obj6d
Hudson’s Bay looking at closing half its stores amid restructuring: source
Hudson's Bay. File photo. Emond Harnden Legal Counsel Alanna ... their way through the Ontario Superior Court of Justice in the coming weeks. The company dating back to 1670 hopes to use those ...
The Globe and Mail3d
The Hudson’s Bay Company’s collapse might be another chance to rewrite Canada’s story
On Monday, a Toronto judge granted the Hudson’s Bay Company protection from ... proudly trumpeting the founding of the company on May 2, 1670. And what’s more Canadian than The Bay?
The Globe and Mail5d
For centuries Hudson’s Bay faced death and survived. Can the company do so again?
In 1670, The Governor and Company of Adventurers of England, trading into Hudson’s Bay was given a Royal charter and monopoly over the entire watershed of Hudson’s Bay, around four million ...
Global News3d
‘Very sad to see’: Hudson’s Bay missed opportunity to target new market, expert says
As Hudson’s Bay Co. restructures through the creditor ... The restructuring process for the company, which dates back to 1670, began Friday after it filed for creditor protection to avoid ...
Times Colonist5d
Hudson's Bay looking at closing half its stores amid restructuring: source
Hudson’s Bay signage is pictured in the financial ... Superior Court of Justice in the coming weeks. The company dating back to 1670 hopes to use those proceedings to restructure and streamline ...
blogTO2d
How The Bay's creditor protection filing could affect gift cards and rewards
supporting the company's restructuring efforts Hudson's Bay, founded in 1670, is the oldest company in North America and a Canadian retail institution. As it struggles to remain afloat 355 years ...