Hudson’s Bay will not make any payments to fund the trust or SERP benefits, and Royal Trust Corp. of Canada will wind up the trust. The trustee will issue payments to SERP members ...

TORONTO - When Hudson’s Bay closes the vast majority of its stores in June, the job losses will extend beyond the storied retailer’s own workforce. Canadians working for salons, spas and other ...

The 74 Hudson’s Bay, two Saks Fifth Avenue and 13 Saks Off 5th stores set to be vacant as Canada’s oldest retailer closes all but six sites typically cover about 120,000 square feet apiece.

Hudson’s Bay Co. has informed some former senior executives that their pension payments will be cut, as the retailer continues to liquidate the majority of its stores and the future of the ...

TORONTO — An Ontario judge rejected a Hudson’s Bay restructuring agreement Saturday ... protection proceedings that have engulfed Canada’s oldest company since it admitted on March 7 its ...

Ottawa (AFP) – From the 17th century fur trade that birthed a nation to the last major department store in Canada, The Hudson's Bay Company has left an indelible mark, but its storied 354 years ...

TORONTO — An Ontario judge has rejected a Hudson’s Bay restructuring agreement ... creditor protection proceedings that have engulfed Canada’s oldest company since it admitted on March ...

TORONTO — An Ontario judge rejected a Hudson ... Canada’s oldest company since it admitted on March 7 that its financial difficulties were so significant it had been deferring payments to landlords ...

While the Hudson's Bay Company is closing all but six stores in the country, its building on Calgary's Stephen Avenue leaves a landmark of its legacy in Western Canada. Local historian Harry ...

On March 27, 1926, wreckers started tearing down the Hudson’s Bay store at the corner of Granville and Georgia. The four-storey store had been a city landmark since 1893, and was so popular it ...

The job cuts come as Canada’s oldest company is liquidating all but six of its 80 Hudson’s Bay, 13 Saks Off 5th and three Saks Fifth Avenue locations. The creditor protection process could see ...