13 h. 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.

Other

14 h. ago Hudson’s Bay to liquidate all but six stores starting Monday

TORONTO — After a week spent seeking a lifeline, an Ontario court has given Canada’s oldest company permission to start liquidating all but six of its stores on Monday. The Friday approval from Ontario Superior Court judge Peter Osborne allows the retailer to begin selling off inventory at most of its 80 Hudson’s Bay stores, […]

Culture

14 h. ago Hudson’s Bay gets court approval to start liquidating Monday at all but six stores

The closure of HBC's stores could impact 9,360 employees and could “drastically” alter the dynamics of malls nationally

Culture

14 h. ago Hudson’s Bay to liquidate all but six stores starting Monday — none of them in Ottawa

Stores slated for closure included the four in Ottawa and one in Gatineau.

Culture

17 h. ago Hudson’s Bay hopes to save six stores, begin liquidation process Monday

TORONTO — After a week spent seeking a lifeline, Hudson’s Bay says it has found a way to keep six stores open. Canada’s oldest company is back in court today to seek permission from an Ontario judge to liquidate all but six stores, and hopes to begin that process starting Monday. The six stores being […]

Other

17 h. ago Hudson’s Bay hopes to keep 6 stores open, begin liquidation in days

Canada's oldest company is back in court Friday to seek permission from an Ontario judge to liquidate all but six stores, and hopes to begin that process starting Monday. 

Other

20 h. ago Hudson’s Bay heads back to court where it’s been asking for liquidation permission

The company said liquidation is necessary because it doesn't have the funding needed to keep the stores alive

Society

65 h. ago Hudson’s Bay due back in court today as it continues to seek permission to liquidate

TORONTO — Hudson’s Bay will return to court today, where it’s been seeking permission to liquidate all of its stores as it faces financial troubles. Ontario Superior Court judge Peter Osborne said in a filing made late Tuesday that he will continue to hear motions related to the beleaguered department store that filed for creditor […]

Society

67 h. 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

3 d. 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

4 d. ago Canada’s Oldest Company, Hudson’s Bay, Tries to Avoid Full Liquidation

Hudson’s Bay Co. fought to avoid a full shutdown in a Toronto courtroom on Monday, asking for permission to begin liquidating most of its stores this week.

Economics

4 d. 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

4 d. 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

4 d. ago Hudson’s Bay plans to liquidate. Here are key takeaways from Monday’s court hearing

TORONTO — Hudson’s Bay was in court Monday, seeking approval to begin a full liquidation even as it fights to stay alive. After arguments went on hours longer than expected, judge Peter Osborne said he needed time to review the case and would rule later on the liquidation plan. Here are some key takeaways from […]

Other

4 d. ago Hudson's Bay liquidation may begin soon as Canada's oldest company collapses

Hudson's Bay Company has signalled its readiness to take the next major step in its creditor protection and restructuring process, a move that will significantly reshape Canada's commercial retail real estate market and result in major job losses.In an announcement on Friday night, the Canadian department store retailer announced a "store-by-store liquidation process" will begin as soon as this week.On Friday, March 14, 2025, the company filed additional documents with the Ontario Superior Court of Justice indicating that it has only secured limited debtor-in-possession financing, which now necessitates the "full liquidation of the entire business.""Assuming receipt of a Court order on Monday at the 'comeback motion,' store liquidations will begin next week," reads the news release last Friday.According to the latest court documents, Hudson's Bay intends to conclude its liquidation process by no later than June 15, 2025, at which point its store locations would also close.During the...

Economics

3 w. ago Suspects sought after botched armed robbery of Vaughan jewelry store

At least four suspects are wanted after an attempted armed robbery of a jewelry store in Vaughan on Monday night. York Regional Police were called at 9:15 p.m. for a report of an attempted robbery at a store in the Zenway Blvd.-Hwy. 427 area. Police said the victim was exiting the store after closing when […]

Events