9 h. ago Hudson’s Bay garnered 17 bids in process to find new owner for retailer, assets: docs

TORONTO — A new court filing shows a process meant to find a new owner for Hudson’s Bay and its assets has yielded 17 bids. A report filed Friday by Alvarez & Marsal, a court monitoring firm guiding Canada’s oldest company through creditor protection, does not name the bidders but says the offers were made […]

Other

60 h. ago Hudson’s Bay insiders not bidding on business, assets or leases: court documents

A new court filing says several bids have been received for Hudson’s Bay assets, but no offers have come from company insiders. An affidavit from Jennifer Bewley, chief financial officer of the retailer’s parent company, indicates no insiders submitted a bid for the business or its assets by the April 30 deadline. The Bankruptcy and […]

Economics

2 d. ago From mannequins to decorative vases: A look at what Saks fixtures are up for sale

TORONTO — Mannequins galore, fashion-themed coffee table books and all the machinery you’d need to open a tailoring business. These are just some of the gems Hudson’s Bay is offloading as part of a fixture sale the 355-year-old retailer is running as it winds down its 80 stores and 16 more it operates under the […]

Other

3 d. ago Letters to the Sun: Hudson's Bay should return Indigenous artifacts to First Nations

It is regrettable that a company over 300 years old and inextricably part of Canadian history has fallen on such hard times that it must file for bankruptcy and be liquidated. In a recent news broadcast, I learned that the bankruptcy judge has given permission for the liquidators to auction off the Bay’s collection of […]

Culture

4 d. ago Court appoints law firm to represent Hudson’s Bay workers, retirees

TORONTO — An Ontario judge has decided which law firm will represent employees in the Hudson’s Bay creditor protection case. An endorsement filed by judge Peter Osborne on Monday named Ursel Phillips Fellows Hopkinson LLP as representative counsel to the faltering department store’s more than 9,000 employees and 3,000 retirees. The decision puts an end […]

Society

7 d. ago Hudson’s Bay Company records give public chance to ‘reconnect’ with ancestors

WINNIPEG — Dyana Lavallee stares at a copy of a photograph on display to the public at the Hudson’s Bay Company Archives in Winnipeg. The Metis woman quickly recognizes it as the same one her grandmother had years ago. “This is my family,” she said referring to the figures in the picture. “I’m actually shaking […]

Economics

8 d. ago Manitoba Indigenous leaders call for catalogue, collaboration from HBC

Manitoba Indigenous leaders say the Hudson's Bay Company (HBC) has yet to provide them with a list of the historic artifacts they intend to auction off, despite their requests.

Politics

8 d. ago Assembly of First Nations joins calls for Hudson’s Bay to return ceremonial items

WINNIPEG — The Assembly of First Nations is joining calls for Hudson’s Bay to immediately halt the sale of artifacts and return any cultural, ceremonial and sacred items to the Indigenous communities that they belong to. National Chief Cindy Woodhouse Nepinak says some items may represent vital and genuine aspects of cultural heritage and identity. […]

Culture

8 d. ago Canadian Tire is bidding on Hudson’s Bay assets, sources say

The 355-year-old retailer’s assets hit the sales block after it filed for creditor protection earlier this year

Other

9 d. ago As deadlines near for Hudson’s Bay and its leases, there are glimmers of hope

TORONTO — The clock is ticking down on two deadlines that may determine the fate of Hudson’s Bay. Anyone interested in buying Canada’s oldest company or assets like the rights to its iconic Stripes brand has until Wednesday at 5 p.m. to submit binding proposals. Those wanting to take on leases held by the 355-year-old […]

Events

1 week ago Howard Levitt: Stiffing employees is a blight on Hudson’s Bay legacy

The fall of HBC should be about change, not nostalgia. Taking care of its employees could have been part of its legacy

Other

1 week ago Archivists say Hudson’s Bay artifacts would be welcome additions to Manitoba collection

Amid store liquidations and a hunt for buyers for the business and its assets, the company announced it plans to have an auction for its art pieces and artifacts.

Culture

1 week ago Hudson’s Bay artifacts would be at home with prior Manitoba donations: archivists

Manitoba archivists caring for hundreds of thousands of Hudson’s Bay artifacts are hopeful the company’s most prized possession will wind up in public hands and it’s possible they have just the spot for the treasure. Those looking after collections Hudson’s Bay donated in 1994 to their employers — the Manitoba Museum and the Archives of […]

Culture

2 w. 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

2 w. 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

2 w. 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

2 w. 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

2 w. 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

2 w. 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

2 w. 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