Hudsons

Canada

Hudson’s Bay looks to auction off royal charter that launched company 355 years ago

Hudson’s Bay, Canada’s oldest company, has made a bold move by filing a motion with the Ontario Superior Court of…

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Business

Owner of three shopping malls in B.C. says she wants to buy Hudson’s Bay

A Chinese billionaire in British Columbia has taken to social media to announce her plans to buy dozens of Hudson’s Bay locations after she saw “Canadians feeling sad” over the collapse of the retail giant.  Entrepreneur Weihong…

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Business

Judge rejects Hudson’s Bay restructuring proposal intended to save remaining stores

An Ontario judge has rejected a Hudson’s Bay Company restructuring agreement, increasing the likelihood that lenders may seek to push…

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Business

From meeting Darth Vader to eating at the food court, Waterloo region shoppers remember Hudson’s Bay

With Hudson’s Bay approaching its last few months, shoppers in Waterloo region reminisced about fond memories of the store, from meeting Darth…

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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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