In a late Friday announcement, Canada's oldest company said it couldn't secure the necessary financing to keep at least some of its empire alive.

Though rare, insurance companies sometimes fail and become insolvent. Learn about the existing safeguards and what you can do ...

A major high street retailer is set to shut down dozens of stores in the UK as Britain's store closures crisis continues to ...

Several major retailers are holding massive sales as they prepare to shutter all or many of their store locations. Here's ...

The end may be near for Canada's oldest company. One week after they commenced proceedings under the Companies' Creditors Arrangement Act for creditor protection, Hudson's Bay announced late Friday ...

New Look has confirmed additional store closures which bosses are said to have ordered in response to Labour tax changes.

Jo-Ann Fabrics announces closure of all Houston stores amid economic struggles. Loyal customers like Patty Bailey seek bigger discounts. 🏬🧵 ...

TORONTO — Canada’s oldest company Hudson’s Bay says it will begin liquidating its entire business as soon as next week unless ...

A closure of the entire business would mean job losses for 9,364 employees the company has in Canada across its Hudson's Bay stores, as well as three Saks Fifth Avenue stores and 13 Saks Off 5th ...