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The Hudson’s Bay Company (HBC) filed for creditor protection under the Companies’ Creditors Arrangement Act (CCAA) last week. The move follows a steep 30% decline in sales over the past 12 months and ...
TORONTO - The restructuring process Hudson’s Bay kicked off Friday will likely see Canada’s oldest company shrink as it works to stay alive. According to a source familiar with the matter ...
TORONTO — The restructuring process Hudson's Bay kicked off Friday will likely see Canada's oldest company shrink as it works to stay alive. According to a source familiar with the matter, the ...
Hudson’s Bay, one of Canada’s most iconic department store chains, has officially filed for bankruptcy protection. While this may come as a surprise to some, for many in the retail industry, the move ...
In what could be the first Trump tariff casualty, the oldest retail chain across North America, Hudson’s Bay Company, has filed for creditor protection. The Canadian department store retailer ...
“While very difficult, this is a necessary step to strengthen our foundation and ensure that we remain a significant part of Canada’s retail landscape,” Liz Rodbell, Hudson’s Bay’s chief executive ...
Hudson’s Bay is in a financial crisis and has been granted court protection from its creditors, as it seeks to restructure the business. Now, Canadians holding gift cards and loyalty points from ...
The restructuring process Hudson’s Bay kicked off Friday will likely see Canada’s oldest company shrink as it works to stay alive.