15 h. ago Hudson’s Bay artifacts should be given to the public: Wab Kinew

WINNIPEG — Manitoba’s premier says he wants Hudson’s Bay’s artifacts to be handed over to the public rather than put up for auction. Wab Kinew says items held by Canada’s oldest company are part of Canadian and Indigenous history and don’t belong in private hands. Hudson’s Bay is currently working toward an auction for its […]

Culture

15 h. ago Hudson’s Bay liquidation begins at final stores with markdowns of up to 70%

TORONTO — When the flagship Hudson’s Bay store in Toronto opened Friday morning, customers burst through the doors on a mission to find one thing: deals. Some jogged through the 675,700-square-foot store on Yonge Street in hopes of getting first pick of the company’s famed stripes merchandise. Others made a beeline for the jewelry department, […]

Sport

16 h. ago Hudson’s Bay is liquidating all of its stores. Here’s what you need to know

Hudson’s Bay has begun liquidating all of its stores after the company filed for creditor protection in March. Here’s how the process is unfolding so far: Which stores are part of the liquidation? All of them. Initially, Hudson’s Bay was liquidating all but six of the 80 locations it has under its Hudson’s Bay banner, […]

Other

17 h. ago Hudson’s Bay liquidation begins at final stores with markdowns of up to 70 per cent

Liquidation sales at Hudson's Bay's remaining stores got underway this morning with a hearty showing from customers who revelled in discounts of up to 70 per cent.

Sport

18 h. ago Hudson's Bay shares heartfelt goodbye with Canadians after 355 years

Grab your tissues and your striped blankets, Canada. After 355 years, Hudson's Bay is officially closing all of its doors and has sent one last message to canucks across the country.After announcing in March the coming closure of most of its locations, the Canadian department store recently decided to close the remaining six stores in Ontario and Quebec, marking the end of an era.Taking to Instagram, Hudson's Bay shared some sweet words, writing, "If there's one thing we know, it's that our stripes will live on. Keep them wrapped around your shoulders, displayed in your homes, and stitched into the memories we made together. You'll always be part of our story, Canada. All Hudson's Bay stores and thebay.com are closing."    View this post on Instagram           A post shared by The Bay (@hudsonsbay)Now, if there's one silver lining in all of this, it's that the final s...

Culture

22 h. ago North America’s Oldest Firm Meets Its End. Some Argue Its Fate Was Avoidable

Hudson’s Bay Co. ULC, a company that’s so old it once played a central role for goods traders in Britain’s North American colonies, is being stripped for parts.

Economics

36 h. ago Hudson’s Bay auction of items including 1670 royal charter can go ahead, judge rules

TORONTO — Hudson’s Bay can now prepare to auction off 4,400 artifacts and art pieces along with the 355-year-old royal charter that launched the now-ailing company. Superior Court judge Peter Osborne gave the department store chain permission Thursday to move forward with a sales process run by auction house Heffel Gallery Ltd. Hudson’s Bay will […]

Culture

38 h. ago Bay workers may not see money in creditor protection case: lawyer

TORONTO — A court appearance from Hudson’s Bay is raising doubts over how much money the faltering retailer will have left for employees after liquidation. The Superior Court of Justice heard arguments Thursday about which law firm should represent the retailer’s past and present employees during proceedings in the retailer’s creditor protection case, before appointing […]

Society

41 h. ago Grand chief requests halt to auction of Hudson’s Bay items linked to First Nations

As Hudson’s Bay heads to court seeking permission to auction off 1,700 pieces of art and more than 2,700 artifacts, the Assembly of Manitoba Chiefs is requesting a halt to the sale of items that may be belong to or be linked with First Nations people. A letter by assembly Grand Chief Kyra Wilson to […]

Other

45 h. ago Over a dozen interested parties eyeing leases of 65 Hudson's Bay store locations

As the Hudson's Bay Company era nears its end, many of its soon-to-be vacated spaces may find new life with different tenants, with decisions on many sites expected in the weeks ahead.By Summer 2025, all 96 of the company's brick-and-mortar stores will close following a liquidation process that first began last month — including six locations that had previously been spared, such as the downtown Toronto and downtown Montreal flagship stores, but are now slated for closure as of a new court filing this week.From the outset of the court-approved liquidation process last month, Hudson's Bay engaged commercial real estate firm Oberfield Snowcap to market and sell its leases and properties, as a measure to generate additional operating revenue. This has been aptly named as the "Lease Monetization Process."Final bids for leases due on May 1According to a court filing earlier this week, as a part of the ongoing federal Companies' Creditor...

Culture

46 h. ago Hudson's Bay to close remaining Ontario stores initially believed to be spared

The six Hudson's Bay department stores in Ontario and Quebec that were spared from closure have found their reprieve to be only temporary.Hopes for retaining these locations to potentially continue a seamless, downsized existence of the iconic Canadian retailer, which was first founded 354 years ago as a fur trading business, have now faded.This, it seems, is where the curtain finally falls on an era of a storied company.In a new court filing that has yet to be published at the time of writing, the six store locations added to the liquidation and imminent closure list now include the heritage downtown Toronto flagship store at 176 Yonge St., the Yorkdale Shopping Centre store in Toronto, and the Hillcrest Mall in Richmond Hill, Ontario.In Quebec, the remaining locations that will close include the heritage downtown Montreal flagship store at 585 Saint-Catherine St. W., CF Carrefour Laval mall, and CF Fairview Pointe-Claire mall.Liquidation at these six remaining locations will b...

Other

46 h. ago Hudson’s Bay to ask court to allow auction of charter, art and artifacts

The department store company filed a notice of motion asking to separate the charter along with 1,700 pieces of art and more than 2,700 artifacts from an ongoing sales process.

Culture

49 h. ago Hudson’s Bay to seek court permission to auction off charter, art and artifacts

TORONTO — Hudson’s Bay is expected to seek court permission today to auction off its art, artifacts and the 355-year-old royal charter that launched the company, which announced Wednesday it will liquidate all its remaining stores. The department store company, which is Canada’s oldest business, filed a notice of motion last week asking to separate […]

Society

59 h. ago Hudson’s Bay to liquidate remaining stores as hope of finding a buyer fades

TORONTO — Hudson’s Bay will start selling off all merchandise on Friday at the six stores previously spared from liquidation, effectively ending the retail empire’s reign and significantly dimming the possibility that the business dating back to 1670 will stay alive. Canada’s oldest company is making the move because “it is unlikely” that it will […]

Other

60 h. ago Hudson’s Bay will liquidate last 6 remaining stores, court filing says

If a bid for the remaining stores is received that keeps them alive, Hudson's Bay retains the right to remove them from the liquidation process.

Other

60 h. ago Hudson’s Bay to liquidate all remaining stores, court filing says

A new court filing says Hudson’s Bay will start selling off all merchandise on Friday at the six stores previously spared from liquidation.  Adam Zalev, managing director of Hudson’s Bay’s financial adviser Reflect Advisors, says in an affidavit that Canada’s oldest company is making the move because there is a “low probability” that it will […]

Other

68 h. ago ‘Vestige of their memory’: Hudson’s Bay war memorials need to be saved, lawyer says

A Toronto lawyer says he wants displays commemorating Bay and Simpsons workers who died in the Second World War at two stores to be saved.

Other

2 d. ago Colby Cosh: The expensive business of buying the Hudson’s Bay Company charter

Bankruptcy will likely push the company to auction off its 1670 charter in a matter of weeks, and it could fetch a price in the millions

Economics

3 d. ago Lawyer wants to save war memorials at Hudson’s Bay stores in Toronto, Calgary

TORONTO — A Toronto lawyer is hoping to find a way to preserve war memorials at two Hudson’s Bay stores. E. Patrick Shea, who also sits on the senate of the 48th Highlanders of Canada and is the RCAF Foundation’s secretary, said he wants the displays commemorating Bay and Simpsons workers who died in the […]

Other

3 d. ago Hudson’s Bay sees interest in 65 of its leases: Court documents

A process to find takers for leases held by Hudson’s Bay has generated plenty of interest. A new court filing made in the company’s creditor protection case says 18 unnamed parties submitted letters of intent expressing interest in a total of 65 leases. The filing says some of those letters were submitted by landlords and […]

Other