4 d. ago Nanaimo shopping centre for sale after billionaire owner announced intention to buy Hudson's Bay stores

The listing for Nanaimo’s Woodgrove Centre was posted by Colliers International on Tuesday, a little more than a week after the mall’s billionaire owner, Weihong Liu, announced on social media her intention to buy “dozens” of Hudson’s Bay stores.

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7 d. ago B.C. billionaire says she wants to acquire 'dozens' of Hudson’s Bay stores

Weihong Liu is chair of Central Walk, which owns the massive Tsawwassen Mills mall, Mayfair shopping centre in Victoria and Woodgrove Centre in Nanaimo

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1 week ago Vacant Hudson’s Bay stores could spark interest — if landlords are willing to get creative

Apartments, health centres and even pickleball courts may be coming to your local mall after Hudson's Bay departs. 

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1 week ago Vacant Bay stores could spark interest — if landlords are willing to get creative

TORONTO — Apartments, health centres and even pickleball courts may be coming to your local mall after Hudson’s Bay departs. Retail and real estate experts say the closure of most of the 355-year-old company’s department stores offers a chance to reimagine the country’s most sought-after and high-traffic spaces in malls. “I think it’s a massive […]

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2 w. ago Ontario Hudson's Bay locations that were to remain open might have to close

An Ontario judge's recent decision has raised doubts over the fate of Hudson's Bay stores in the province, including those that were set to remain open, and increases the chance that lenders might seek to push the company into receivership.Justice Peter Osborne of the Superior Court of Justice has rejected a restructuring agreement proposed by the department store’s major lenders, signaling the potential for even further financial turmoil.On Saturday, Justice Osborne issued a written ruling stating that the proposed restructuring plan was "neither necessary nor appropriate at this time." The plan had been put forward in an effort to maximize liquidation proceeds and recover some of the millions owed to Hudson's Bay's senior lenders — Bank of America, Pathlight Capital, and Restore Capital — while also providing room for the company to restructure.During a Thursday hearing, lawyers for landlords opposed the restructuring agreement that was initiated by the...

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2 w. ago Here are the discounts Canadians can get at Hudson's Bay liquidation sale

The Hudson's Bay Company (HBC) liquidation sale is now underway.North America's oldest retailer officially announced that it would shutter all but six Canadian locations last week.It received approval from the Ontario Superior Court of Justice to run liquidation sales from March 24 to June 15."The sales offer customers a chance to find great deals from this historic retailer that has endured for generations," reads a statement from HBC.If you haven't had a chance to check out the Hudson's Bay liquidation sale, here's a look at just how much you can save.There are 73 Hudson's Bay stores participating in the sale, in addition to two Saks Fifth Avenues and 13 Saks Off 5th stores in Canada.HBC discounts range from 15 per cent to 40 per cent off the lowest ticketed prices across the store.Canadians looking for deals at Saks Fifth Avenue and Saks Off 5th will get 15 per cent discounts off the lowest ticketed price across the store.Megan Devlin/Daily Hive"While all merchandise is being sol...

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2 w. ago Hudson’s Bay awaits timeline for saving remaining six stores rescued from liquidation

TORONTO — Canada’s oldest company, Hudson’s Bay, may be on the verge of landing more time to save the six stores it has temporarily been able to rescue from liquidation. An Ontario court has spent the last two days hearing from lawyers about a proposed restructuring that could help the beleaguered department store find a […]

Events

2 w. ago Lender open to giving the Bay more time to save remaining stores from liquidation

TORONTO — One of Hudson’s Bay’s lenders says it’s willing to back changes to a restructuring agreement that would give the retailer more time to find a way to save six six stores it has so far spared from liquidation. A lawyer for Restore Capital LLC says his client is open to revising a deadline […]

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2 w. ago Cadillac Fairview opposes agreement giving Hudson’s Bay little time to save stores

TORONTO — Cadillac Fairview has come out against Hudson’s Bay’s push to get a court to approve an agreement giving the retailer less than two weeks to save six stores it has so far spared from liquidation. At the Ontario Superior Court, the mall owner, which is the landlord for 16 of the department stores, […]

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2 w. ago Hudson’s Bay seeks court agreement that offers little time to save six stores

TORONTO — Hudson’s Bay asked an Ontario court Wednesday to approve a restructuring agreement that will give it a short timeline to save the six stores it has so far spared from liquidation. A new version of the agreement will force the retailer to start liquidating those stores on April 8, if it hasn’t found […]

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2 w. ago Shoppers bid farewell to Dartmouth Hudson’s Bay store as liquidation sale begins

Shoppers arrived early for the official start of liquidation at the Hudson's Bay in Dartmouth, N.S. on Tuesday. 

Culture

2 w. ago Hudson’s Bay is liquidating most of its stores. Here’s what you need to know

Hudson’s Bay has begun liquidating all but six of its stores after the company filed for creditor protection earlier this month. Here’s how the process is unfolding so far: Which stores are part of the liquidation? Hudson’s Bay wants to liquidate all but six of its stores. It has 80 stores under the Hudson’s Bay […]

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3 w. ago Hudson’s Bay closures ‘leave a hole in our psyche’, retail expert says

The Bay's anchor stores in malls will likely be too big for another retailer to move into, and could be subdivided into multiple stores.

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3 w. ago ‘Hoping for better’: Hudson’s Bay liquidation sales begin at all but six stores

TORONTO — Canadians headed to Hudson’s Bay stores Monday in hopes of scooping up the first of the retailer’s liquidation deals, but many left confused about whether the markdowns had even begun. Shoppers who visited department stores in Quebec and Alberta noticed plenty of sales signs the company uses seasonally but none advertising a clear-out […]

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3 w. ago ‘The loading dock was full’: Brands pull products from Hudson’s Bay amid liquidation

TORONTO — When Olivia Glauberzon pulled up to the loading docks at two Hudson’s Bay stores last Wednesday, she had suitcases in tow and a plan to fill them with remaining product from After9, her company selling athleisurewear for moms. As she got out of the car at the flagship downtown Toronto and Oakville, Ont., […]

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3 w. ago Hudson’s Bay liquidation sales kick off at all but six stores

The company is aiming to wrap up the liquidation by June 15. Gift cards will be accepted until April 6, but loyalty points cannot be used.

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3 w. ago Hudson’s Bay liquidation sales begin at all but six of its stores

Canada’s oldest company will begin liquidating most of its stores this morning. Hudson’s Bay says all but six of its locations will be selling off their inventory. The company is aiming to wrap up the liquidation by June 15. Gift cards will be accepted until April 6, but loyalty points cannot be used. The six […]

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3 w. ago 'End of an era': Ahead of store's closure, Calgary shoppers seek sales, mementos at The Bay

Bargain hunters flocked to The Hudson’s Bay Company’s locations in Calgary Saturday, in search of last-minute deals before the iconic retailer sells off its inventory and closes all of its stores across western Canada. The flurry of customers arrived the day after Hudson’s Bay Company, Canada’s oldest department store chain, received court approval to start […]

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3 w. ago Hudson’s Bay must prioritize workers amid Kamloops store liquidation – United Steelworkers

KAMLOOPS, British Columbia, March 21, 2025 (GLOBE NEWSWIRE) — The United Steelworkers union (USW) Local 1-417 is calling on Hudson’s Bay (HBC) to put workers first as the company proceeds with the liquidation of its Kamloops store. A closure of this store will result in the loss of over 30 unionized jobs, dealing a significant […]

Society

3 w. ago Canada’s Oldest Retailer, Hudson’s Bay, to Begin Liquidating Most Stores on Monday

Hudson’s Bay Co. ULC can begin liquidating all but six of its stores on Monday, an Ontario court decided on Friday, ending an era of department store dominance for Canada’s oldest company.

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