11 h. ago Hudson’s Bay Company to Launch Separate Auction for Art and Historical Artifacts

Auction aims to involve participants committed to ensuring the Company’s most significant art and artifacts remain preserved for the benefit of future generations TORONTO — Hudson’s Bay Company ULC (Hudson’s Bay or the Company), as part of its ongoing restructuring under the Companies’ Creditors Arrangement Act (CCAA), today announced that subject to court approval, it […]

Economics

7 d. ago Today's Letters: Hudson's Bay Company's history more than just a memory

Thursday, April 10: The closing of this historic chain prompts readers to share a few experiences with The Bay. You can write to us too, at letters@ottawacitizen.com

Economics

8 d. ago Hudson's Bay announces huge warehouse sale in Toronto amid liquidation

Hudson's Bay has just announced a major warehouse sale, the likes of which we've rarely seen, while liquidation continues at the majority of its stores in Canada.It's been a tough go for Canada's oldest company, as Hudson's Bay filed for creditor protection last month, sending the majority of its locations across the country into liquidation, slated to close in the coming months.Fortunately for consumers, business struggles for them can also mean major savings for us, and, in their latest move, The Bay is announcing major price cutbacks at their warehouse.While regularly, shoppers can expect to find discounts of up to 30 per cent off Hudson's Bay products at their Etobicoke warehouse, this sale is ramping things way up, with discounts of up to 60 per cent off everything.When I say everything, I really do mean everything. You'll be able to score 60 per cent off furniture and 50 per cent off patio furniture, on top of discounts on kitchenware, apparel, decor, handbags and ev...

Other

2 w. ago Primaris REIT Announces $60 Million Disposition; HBC, NCIB, & Financing Updates

TORONTO — Primaris Real Estate Investment Trust (“Primaris” or the “REIT”) (TSX: PMZ.UN) announced today significant progress on its disposition program that supports its capital recycling objectives, and provided additional commentary on its Hudson’s Bay Company (“HBC”) tenancy. Disposition On March 31, 2025, Primaris closed on the sale of St. Albert Centre in St. Albert, […]

Economics

2 w. ago This Week in History, 1926: A 'modern' Hudson's Bay replaces an 1893 building

Hudson’s Bay Company started off in Gastown before moving to Granville and Georgia

Other

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...

Other

2 w. ago Hudson’s Bay liquidation sales don’t apply to all products. Which ones?

Hudson's Bay, Canada’s oldest company, is liquidating all but six of its stores after it filed for creditor protection earlier this month.

Other

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

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 […]

Other

3 w. ago What to do with Hudson's Bay gift cards and rewards during liquidation

The Hudson's Bay Company (HBC) will begin liquidation sales on Monday for most of its locations in Canada — so what does this mean for any outstanding gift cards or rewards?On Friday, Canada's oldest company received approval from the Ontario Superior Court of Justice to run liquidation sales from March 24 to June 15.However, HBC has sought permission to keep six stores open while starting the liquidation of its remaining locations and e-commerce business.The Bay has not shared exactly how big the discounts will be, but if you're gearing up to take advantage of them, it may be helpful to know if any unused gift cards or your rewards will still be redeemable.The Bay gift cardsAccording to the latest court filings, the retailer will accept payments by debit, credit, cash and gift card during the liquidation process.However, Canadians who want to use their gift cards have a deadline of April 6 to use them before they are no longer accepted as a form of payment.Previous court...

Transport

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 Hudson's Bay is keeping 3 of its Ontario locations open amid liquidation

A small flame may still flicker for the future of the Hudson's Bay Company, but much of the country will remain in the dark without the physical presence of Canada's oldest retailer and company.As part of its restructuring under creditor protection from the federal Companies' Creditors Arrangement Act (CCAA), the retailer returns to the Ontario Superior Court of Justice today, seeking approval to keep just six stores open while beginning the liquidation of its remaining locations and e-commerce business on Monday, March 24, 2025, when fire sale prices of merchandise begin.This retains just 7.5 per cent of Hudson’s Bay's existing network of 80 stores across the country. Additionally, the three Saks Fifth Avenue and 13 Saks OFF 5th outlet stores will close.These select stores saved from the chopping block will be limited to Ontario and Quebec, where Hudson’s Bay has 32 and 13 stores, respectively. As well, three of the four distribution centres are currently located i...

Other

3 w. ago Hudson’s Bay Company: les coureurs des bois qui l’ont fondée se sont fait confisquer leur butin par les autorités coloniales

Elle a bien failli être une entreprise française, si cela n’avait pas été de la cupidité des autorités coloniales de la Nouvelle-France.

Economics

3 w. ago People in Ontario reselling iconic Hudson's Bay striped blankets for a fortune

Some people are already capitalizing on the looming closure of The Bay stores in Canada.Hudson's Bay Company (HBC) filed for creditor protection on March 7 and is currently waiting for the Ontario Superior Court's approval of its liquidation plan.In the meantime, shoppers have been flocking to the Bay locations in Canada to try and nab items from its classic striped collection.Some stores have been cleared of stripes as customers are looking to take a piece of North America's oldest company home with them.Others are already making money off of the retail institution's impending closures.One particular product has been reselling for shocking prices online — Hudson's Bay's iconic multi-stripe point wool blanket. The product was first made in 1779 and was traded by HBC to Indigenous and settler communities to use as bedding, clothing, room dividers, and fabric for other items.Just this week, several listings for the blanket have popped up on resale sites like eBay and Facebook Ma...

Economics

4 w. ago Hudson’s Bay shoppers scramble for striped products as company seeks liquidation

TORONTO — Hudson’s Bay’s signature blankets and other striped merchandise are flying off the shelves as Canadians scramble to pick up a piece of the storied retailer seeking permission to liquidate. Shoppers at the company’s Toronto flagship store Wednesday before the lunch rush, hunted for any product bearing the brand’s distinctive markings that were left […]

Economics

4 w. ago Will Hudson’s Bay have liquidation sales? Your questions, answered

Canada’s oldest company, Hudson’s Bay, could soon close its doors to customers as it runs out of business more than 350 years after opening up shop.

Other

4 w. ago Hudson's Bay stores in Canada could be transformed with huge redevelopments

A key hearing with the Ontario Superior Court of Justice was held on Monday, March 17 regarding the future of the Hudson's Bay Company.However, the judge presiding over the creditor protection and restructuring case did not make a decision over triggering the liquidation, instead opting for more time to process the information presented by the retailer, creditors, landlords and other stakeholders.At the time of writing, no decision by the court has been made, but it could come quickly at any time, perhaps later this week.Hudson's Bay has been unable to pay leases, vendors and loan obligations, and is just days away from missing payroll.Liquidation has been identified as the only major way for the company to secure the interim financing it needs, with the company potentially closing at least half of its 80 department stores. A full closure of all locations is also possible.Monday's meeting was the first since Hudson's Bay submitted its federal Companies' Creditors Arrangeme...

Sport

4 w. ago Who owns Hudson’s Bay and why Canada’s oldest company is going out of business

It turns out Canada's oldest company hasn't been Canadian for quite some time

Economics

4 w. ago Hudson's Bay employees demand severance pay ahead of chain's liquidation

The union representing the Bay employees in Canada is calling on the company to prioritize workers as it continues its restructuring process.Canadian Labour Congress (CLC) says the Hudson's Bay Company (HBC)'s financial troubles shouldn't "come at the cost of workers' livelihoods."The Canadian retail institution employs around 9,400 people, including 647 who are unionized."We demand that HBC honour its commitments — wages, benefits and severance must be paid. No backroom deals, no vague promises — workers deserve full transparency," reads a statement from the CLC on Tuesday.North America's oldest company filed for creditor protection under the federal Companies' Creditors Arrangement Act (CCAA) on March 7 and received approval from the Ontario Superior Court of Justice on the same day.Last Friday, the Bay announced that full liquidation could begin this week. The latest court documents stated that the company intends to conclude it...

Other