Hudson's Bay to liquidate entire business

Hudson’s Bay to liquidate business, owes Island creditor companies
Hudson's Bay, Canada's oldest company, is hoping it can avoid a shut down by announcing a liquidation strategy amid financial struggles.
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 begin next week and wrap up in June.
Customers flock to Hudson’s Bay ahead of liquidation sales
Corey Gordon was stunned when he opened his news app and saw Hudson’s Bay Co. was in trouble. “I’m really grieving right now,” he said Saturday at the company’s St. Vital Centre location. “I
Hudson's Bay says it will liquidate entire business if no financing can be secured
A closure of the entire business would mean job losses for 9,364 employees the company has in Canada across its Hudson's Bay stores, as well as three Saks Fifth Avenue stores and 13 Saks Off 5th locations it owns through a licensing agreement.
Hudson’s Bay plans ‘immediate’ liquidation of entire business
Despite holding out hope it can avoid a full shutdown, Hudson’s Bay says it is planning an “immediate” liquidation that would begin next week and wrap up in June. The company said it remains optimistic it can drum up capital and find a solution with key stakeholders,
Canadian Press NewsAlert: Hudson's Bay to liquidate entire business
Canada's oldest company Hudson’s Bay says it will begin liquidating its entire business as soon as next week unless it finds a more viable path forward.
Court documents reveal Hudson’s Bay owes $950 million to landlords, fashion brands, banks and government
Court documents show that Hudson’s Bay owes $950 million to nearly 1,900 creditors — including landlords, fashion brands, ...
Hudson's Bay owes almost $1M on Island; mall operator biggest creditor
The department store owes just over $860,000 to Central Walk, which owns Woodgrove Mall in Nanaimo and Mayfair Mall in ...
ABC News8d
Hudson's Bay seeks creditor protection, plans to restructure business
Hudson’s Bay, has filed for creditor protection and intends to restructure the business. The department store company that dates back to 1670 announced the move Friday evening, saying it has ...
London Free Press2d
Hudson's Bay anchors London's two major malls. Can the stores survive?
While the company has not commented on any potential closures, including London’s two anchor-tenant locations at White Oaks ...
blogTO4d
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 ...
WMUK5d
Canada's Hudson's Bay has survived 355 years. Now the store is in crisis
Osborne of the Ontario Superior Court of Justice. "Hudson's Bay is the oldest company in North America and a very ...