For centuries Hudson’s Bay faced death and survived. Can the company do so again?
Hudson’s Bay was granted creditor protection last week, after being unable to pay its bills. During every prior hardship, the ...
Utah Public Radio3 天
Canada's Hudson's Bay has survived 355 years. Now the store is in crisis
The department store chain, founded in 1670, can't pay its debts and says the pandemic, inflation and now trade tensions have ...
Bloomberg L.P.6 天
Canadian Retailer Hudson’s Bay Prepares to File for Bankruptcy
Hudson’s Bay, Canada’s oldest retailer, is planning to file for bankruptcy, according to people with knowledge of the matter. The department chain has been unable to secure financing to shore ...
The Globe and Mail5 天
Hudson’s Bay anticipates closing about half its 80 stores in restructuring plan
Canada’s oldest retailer is working on a restructuring plan that could keep roughly 40 of its 80 Hudson’s Bay stores open, if the company can secure financial assistance from its landlords.