Hudsons

Business

Lender open to giving Hudson’s Bay more time to save 6 stores so far spared from liquidation

One of Hudson’s Bay’s lenders says it’s willing to back changes to a restructuring agreement that would give the retailer…

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Business

Hudson’s Bay wants court to OK agreement that offers it a few extra days to save 6 stores

Hudson’s Bay asked an Ontario court Wednesday to approve a restructuring agreement that will give it a few extra days…

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Canada

Hudson’s Bay managers will get up to $3 million in bonuses, but workers get no severance

The iconic Hudson’s Bay Co. is facing tough times as it plans to close most of its 96 stores by…

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Business

Liquidation of Hudson’s Bay begins at all but 6 stores

Liquidation sales are kicking off Monday morning at all but six of Hudson’s Bay’s locations as the company continues to…

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Business

Hudson’s Bay hopes to save 6 stores, which could protect some of its 9,364 jobs

After a week spent seeking a lifeline, Hudson’s Bay says it has found a way to keep a half-dozen stores…

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Business

Fate of Hudson’s Bay still up in the air as extension granted until Friday

Whether or not Hudson’s Bay Company will have to undergo a full liquidation or will be able to keep some stores…

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Business

Hudson’s Bay’s demise marks the death of the traditional department store in Canada

The Hudson’s Bay in downtown Vancouver already looks like it’s going out of business.  When entering the store, shoppers are…

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Business

Hudson’s Bay liquidation of all stores could start as soon as Tuesday

A full liquidation plan at Canada’s oldest company could begin as soon as Tuesday and last for up to 12…

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Business

Hudson’s Bay returns to court to seek approval to begin liquidating its business

Hudson’s Bay is set to be back in court on Monday morning, where it will seek approval to begin liquidating…

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Business

Hudson’s Bay says it will liquidate entire business if no financing can be secured

The death knell is ringing for Canada’s oldest company. Hudson’s Bay announced late Friday evening that unless it finds a…

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