19 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

28 h. 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

37 h. 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

38 h. ago Smokey Robinson accused by former housekeepers of sexual assault and rape

LOS ANGELES (AP) — Four former housekeepers of Smokey Robinson allege in a lawsuit filed Tuesday that the Motown music luminary repeatedly sexually assaulted and raped them while they worked for him. The suit filed in Los Angeles Superior Court seeks at least $50 million in damages over the alleged assaults, which the women say […]

Events

49 h. ago Trump, Carney to Meet With $900 Billion Relationship on the Line

Canadian Prime Minister Mark Carney is set to meet President Donald Trump inside the Oval Office in a high-pressure bid to reset a relationship that has been shaken up by tariffs and US threats to Canada’s sovereignty.

Economics

64 h. 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

3 d. ago Australian Assets May Rally After Election Result, Analysts Say

Australia’s shares and currency may post a relief rally on expectations of policy continuity under Prime Minister Anthony Albanese after his re-election for a second term.

Politics

5 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

6 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

6 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

6 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

7 d. ago Abu Dhabi’s ADQ Plots Next Act After Assets Double in Four Years

The emirate’s newest wealth fund is growing faster than many of its peers. Executives are now looking for ways to take advantage of that momentum.

Other

8 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

8 d. 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

9 d. ago Resource Capital Fund VII L.P. Sells Shares of Orezone Gold Corporation

DENVER, April 28, 2025 (GLOBE NEWSWIRE) — Resource Capital Fund VII L.P. (“RCF”) reports that it has filed an early warning report under National Instrument 62-103 – The Early Warning System and Related Take-Over Bid and Insider Reporting Issues in connection to its shareholdings in Orezone Gold Corporation (TSX: ORE) (the “Company” or “Orezone”). On […]

Economics

9 d. 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

9 d. 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

1 week 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

1 week 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

1 week 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