Hudson’s Bay to Undergo Full Liquidation Unless an Alternative Solution Emerges
Hudson’s Bay Company ULC (Hudson’s Bay or the Company), the Canadian entity that comprises the retailer Hudson’s Bay and TheBay.com, today announced it has filed documents with the Ontario Superior Court of Justice indicating that,
Hudson's Bay to liquidate entire business, still seeking additional capital
TORONTO - The death knell is ringing for Canada's oldest company.Hudson's Bay announced Friday night that unless it finds a more viable path forward,
Hudson’s Bay granted creditor protection to restructure its business
The company plans to liquidate some of its stores, according to court documents, though it did not specify how many stores would be forced to close
Hudson's Bay to liquidate business if no financing can be secured
Hudson's Bay Company is nearly a billion dollars in debt, according to court filings that paint a dire portrait of the struggling Canadian department store chain's finances.Read more: <a href="
Hudson’s Bay plans ‘immediate’ liquidation of entire business
Despite holding out hope it can avoid a full shutdown, Hudson’s Bay says it is planning an “immediate” liquidation that would begin next week and wrap up in June. The company said it remains optimistic it can drum up capital and find a solution with key stakeholders,
Canadian Press NewsAlert: Hudson's Bay to liquidate entire business
Canada's oldest company Hudson’s Bay says it will begin liquidating its entire business as soon as next week unless it finds a more viable path forward.
Hudson’s Bay Cites Tariffs As It Enters Canadian Version Of Chapter 11
In what could be the first Trump tariff casualty, the oldest retail chain across North America, Hudson’s Bay Co., has filed ...
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Bruce Winder on Hudson’s Bay’s Bankruptcy & Uncertain Future
Retail expert Bruce Winder discusses Hudson’s Bay’s bankruptcy, debt crisis, vendor fallout, and potential future as the ...
Hudson’s Bay anticipates closing about half its 80 stores in restructuring plan
The country’s oldest retailer hopes it can survive with a smaller store footprint, if it can secure co-operation from ...