As Hudson’s Bay continues to seek ways to stabilize and restructure what little will soon be left of its ailing business, it’s opening itself up to selling its assets. Court-approved processes meant to uncover companies that want the Bay’s most prized possessions are expected to get underway this month — and experts expect there will […]
Retail experts predict strong buyer interest in Hudson's Bay's leases and trademark stripes as the struggling company seeks to sell assets to stay afloat. Leases in prime locations could be attractive for residential developers or other retailers, while the iconic stripes could be acquired by other Canadian brands for various products. Other brands like Gluckstein and Hudson North could also garner interest. The deadline for expressing interest in assets besides leases is April 7.
