The demise of Hudson’s Bay raises broader questions about the viability of traditional department stores in today’s retail ...
Hudson’s Bay risks losing six remaining stores to liquidation if no viable buyer emerges by April 7, as lenders push for ...
The Canadian legacy brand joins a long list of retail closures north of the U.S. border—leaving a void in the home market ...
Strong big-box operators including Simon’s, Walmart Canada, Canadian Tire and Costco have also seized market share from Hudson’s Bay, and going forward, upscale Canadian retailers Holt Renfrew ...
TORONTO (AP) — An Ontario court on Friday gave Hudson’s Bay, Canada’s oldest company, permission to start liquidating all but ...
Hudson's Bay has begun liquidating all but six of its stores after ... Nova Scotia and Saskatchewan. Saks Fifth Avenue's Canadian sites are split between Ontario and Alberta, while Saks Off 5th has ...
The beleaguered Hudson's Bay ... egregious," said Canadian Labour Congress president Bea Bruske. "They need to go back and actually make sure all of their workers get some of that $3 million." Kevin ...
Hudson's Bay Chief Executive Officer Richard Baker, 48, of Hudson's Bay Co. (HBC) The Canadian ... More department store chain has agreed to pay $2.4 billion to acquire Saks Inc. one of America's ...
“I guess it’s off the table,” he said when reached last week, before the Bay said it would try to save six of its 80 stores, all in the Toronto and Montreal areas. “I don’t know what happens to ...