5 h. ago What the possible closure of Hudson’s Bay stores could mean for the N.S. retail landscape

Hudson's Bay may start to liquidate its stores this week. Nova Scotia shoppers, mall management and a business expert are weighing in on the possible impacts.

Other

10 h. ago Hudson’s Bay still waiting for court order as it looks to start liquidating its stores

Like many brick-and-mortar stores, the retailer, with 80 full-line stores across Canada, struggled to compete with e-commerce

Culture

26 h. ago Curious bargain hunters see empty display cases, low stock at Langley Hudson's Bay

Cases, once filled with watches, sit empty. Some fragrance and beauty counters stand darkened while others show rows of remaining product waiting to be sold. Read more.

Economics

26 h. ago Hudson's Bay store in Langley already showing signs a closure could be near

Curious bargain hunters find cases, once filled with watches, now sit empty. Some fragrance and beauty counters stand darkened while others show rows of remaining product waiting to be sold. 

Other

26 h. ago This B.C. Hudson's Bay store is showing signs a closure could be near

Curious bargain hunters at the Langley store find cases, once filled with watches, sitting empty. Some fragrance and beauty counters stand darkened while others show rows of remaining product waiting to be sold. 

Other

26 h. ago Empty shelves, idle escalators: Shoppers look for piece of history at Bay stores

Empty shelves and idle escalators greeted shoppers Monday as they poked through Hudson’s Bay stores looking for bargains and perhaps a piece of history. In Edmonton, some racks at two Bay locations were picked clean as a mere handful of older men and women took advantage of 40%, 50%, 60% and even 70% discounts. The […]

Other

26 h. ago Amid empty shelves and idle escalators, shoppers seek piece of history at Bay stores

In Edmonton, some racks at two Bay locations were picked clean as a mere handful of older men and women took advantage of 40, 50, 60 and even 70 per cent discounts.

Other

27 h. ago Empty shelves, idle escalators: Shoppers look for piece of history at the Bay stores

Empty shelves and idle escalators greeted shoppers Monday as they poked through Hudson’s Bay stores looking for bargains and perhaps a piece of history. In Edmonton, some racks at two Bay locations were picked clean as a mere handful of older men and women took advantage of 40, 50, 60 and even 70 per cent […]

Other

31 h. ago As Hudson’s Bay seeks financing, store liquidation could begin Tuesday

Liquidation would span 80 stores as well as three Saks Fifth Avenue stores and 13 Saks Off 5th locations in Canada

Other

32 h. ago Hudson’s Bay liquidation of all stores could start as soon as Tuesday

The proposed liquidation will extend to the company's e-commerce business, which will continue until its distribution centre empties

Culture

3 d. ago Lack of store investment, underlying issues led Hudson’s Bay to ‘slow death’: experts

TORONTO — Analysts say the planned liquidation of Hudson’s Bay will leave a hole in the country’s retail landscape, as Canada’s oldest company prepares to wind down in the coming months unless it can find a last-minute solution. Retail experts attribute a combination of missteps that led to Friday night’s announcement from Hudson’s Bay, which […]

Events

3 d. ago Hudson’s Bay suffered ’slow death’ from lack of store investment and underlying issues: experts

Company said it remains optimistic it can drum up financing and find a solution with key stakeholders to avoid full shutdown

Events

5 d. ago Hudson's Bay anchors London's two major malls. Can the stores survive?

It's unclear so far how the restructuring of Canada's oldest company will shake out in London, but it's hitting local shoppers right in the nostalgia.

Politics

5 d. ago How The Bay's creditor protection filing could affect gift cards and rewards

If you're a member of The Bay Rewards program or have any unused gift cards lying around, you may be wondering what to do now that the department store has filed for creditor protection.The Hudson's Bay Company (HBC) filed for creditor protection under the federal Companies' Creditors Arrangement Act (CCAA) last Friday. The Ontario Superior Court of Justice granted it on the same day."Put simply, Hudson's Bay is out of money and cannot meet its financial obligations as they come due. It is hard not to have a sense of melancholy when considering the application before me," reads the judge's written decision on Friday, supporting the company's restructuring effortsHudson's Bay, founded in 1670, is the oldest company in North America and a Canadian retail institution. As it struggles to remain afloat 355 years later, some customers remain in limbo.The Bay RewardsRewards and loyalty programs expert Patrick Sojka says Hudson's Bay Rewards members are bearing...

Economics

7 d. ago Letters to The Sun: Show patriotism by supporting the Hudson's Bay Company

Re: Hudson’s Bay files for creditor protection to avoid bankruptcy: ‘This is a big loss for Canada’ Since arriving in Canada from Israel in 1980 with my Canadian-born mother, my brother and sister and I always enjoyed our shopping excursions to the Hudson’s Bay store, where my mom had once worked when she was 18 […]

Economics

7 d. ago Hudson's Bay crisis made clear in creditor protection filing by Canada's oldest company

If you stepped into Hudson Bay's flagship store in downtown Vancouver this week, you would have found all elevators and escalators completely out of service.Even the stationary escalators were off-limits, with barriers in place to prevent them from being used as makeshift staircases.Signs and planters were strategically positioned to block access to both the elevators and escalators.Staff at the front entrance informed shoppers that the only way to reach floors above or below ground level was via the emergency staircase located next to the bank of elevators.Moreover, an inventory count of the store's merchandise on display now appears to be well underway.The vertical circulation challenges at this store location have only worsened with each passing year since the pandemic. Until recently, at least one of the four elevators would still be in operation.And on some floors, there are large areas without any merchandise — a highly unusual sight.Similar signs of extremely deferred m...

Economics

8 d. ago Once an iconic store, what’s next for Canada’s Hudson’s Bay?

The company’s court filing seems to suggest that it has been financially suffering for a while now

Other

8 d. ago Hudson’s Bay likely to close some stores as part of restructuring

Store closures could be on their way, and could spell layoffs for workers at Hudson's Bay, which is Canada's oldest company

Culture

8 d. ago Hudson’s Bay likely to close some stores as part of restructuring: experts

Retail and insolvency experts expect Hudson’s Bay will close some of its stores as it restructures through creditor protection. While the department store chain dating back to 1670 hasn’t announced plans to shutter locations, Insolvency Insider newsletter editor Dina Kovacevic says it’s not unusual for retailers under creditor protection to take such a step. Kovacevic […]

Culture

1 week ago Hudson’s Bay Company ULC, the Operator of Hudson’s Bay Stores and TheBay.com, Initiates Restructuring Proceedings Under CCAA in Response to Canadian Retail Industry Challenges

Filing positions Hudson’s Bay for recovery and long-term stability in an evolving market TORONTO — 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 that it has commenced proceedings under the Companies’ Creditors Arrangement Act (CCAA) pursuant to an initial order for […]

Economics