Like in a typical Chapter 11, Hudson’s Bay will be examining its store fleet, payroll and other operations and assets to determine what should be kept or disposed. Alvarez & Marsal Canada Inc.
The story of HBC is the story of colonialism in Canada and its enduring legacy – but for many Indigenous Peoples, there are ...
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Hudson's Bay to liquidate entire business, still seeking additional capitalHudson's Bay laid the groundwork for its creditor protection case when it spun its U.S. Saks locations off into a separate ...
Shoppers, real estate pundits and retail experts are watching to see what happens to 16 Hudson’s Bay store locations in B.C. The parent firm of Hudson’s Bay Company, which operates 96 stores ...
Moreover, the judge agreed with Hudson's Bay's claim that its flagship stores in major downtown locations across Canada have been "disproportionately impacted," as these large city centre store ...
Hudson Bay department stores currently sit on some of the most prime real estate in Canada, including 844K square feet in British Columbia, 655K square feet in downtown Montreal, and its 850K ...
More from WWD Saks Owner HBC Secures $2 Billion Bond to Buy Neiman's Katie Holmes Helps Ann Taylor Celebrate New Store on Fifth Avenue Hudson's Bay Brings Ann Taylor and Loft Back to Canada While not ...
“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 ...
Ms. Rodbell added, “Hudson’s Bay remains deeply connected to Canada and is focused on the future. Our goal is to re-establish our foothold and ensure the company’s long-term place in the ...
Hudson’s Bay, the Canadian department store chain founded in 1670, is preparing for a bankruptcy filing within days, people familiar with the matter said. The chain became a stand-alone ...
Hudson’s Bay announced the move Friday, saying it has been facing significant pressures, including subdued consumer spending, trade tensions between the U.S. and Canada, and a post-pandemic ...
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