2 h. ago Grand chief requests halt to auction of Hudson’s Bay items linked to First Nations

As Hudson’s Bay heads to court seeking permission to auction off 1,700 pieces of art and more than 2,700 artifacts, the Assembly of Manitoba Chiefs is requesting a halt to the sale of items that may be belong to or be linked with First Nations people. A letter by assembly Grand Chief Kyra Wilson to […]

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11 h. ago Hudson’s Bay to seek court permission to auction off charter, art and artifacts

TORONTO — Hudson’s Bay is expected to seek court permission today to auction off its art, artifacts and the 355-year-old royal charter that launched the company, which announced Wednesday it will liquidate all its remaining stores. The department store company, which is Canada’s oldest business, filed a notice of motion last week asking to separate […]

Society

7 d. ago HBC wants to hold ab auction for its art and artifacts, including its royal charter

TORONTO — Hudson’s Bay will seek court approval to put the royal charter that launched the company 355 years ago on the auction block, along with its trove of art and historical artifacts. The collapsing department store chain known as Canada’s oldest company said it’s applying to the Ontario Superior Court of Justice to sell […]

Culture

4 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

4 w. ago Lender open to giving the Bay more time to save remaining stores from liquidation

TORONTO — One of Hudson’s Bay’s lenders says it’s willing to back changes to a restructuring agreement that would give the retailer more time to find a way to save six six stores it has so far spared from liquidation. A lawyer for Restore Capital LLC says his client is open to revising a deadline […]

Other

4 w. ago Cadillac Fairview opposes agreement giving Hudson’s Bay little time to save stores

TORONTO — Cadillac Fairview has come out against Hudson’s Bay’s push to get a court to approve an agreement giving the retailer less than two weeks to save six stores it has so far spared from liquidation. At the Ontario Superior Court, the mall owner, which is the landlord for 16 of the department stores, […]

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4 w. ago Hudson’s Bay seeks court agreement that offers little time to save six stores

TORONTO — Hudson’s Bay asked an Ontario court Wednesday to approve a restructuring agreement that will give it a short timeline to save the six stores it has so far spared from liquidation. A new version of the agreement will force the retailer to start liquidating those stores on April 8, if it hasn’t found […]

Other

4 w. ago Hudson’s Bay wants court to OK agreement that offers little time to save six stores

Hudson’s Bay asked an Ontario court Wednesday to approve a restructuring agreement that will give it a short timeline to save the six stores it has so far spared from liquidation. A new version of the agreement will force the retailer to start liquidating those stores on April 8, if it hasn’t found a likely […]

Other

4 w. ago Hudson’s Bay wants court to O.K. agreement that gives little time to save six stores

TORONTO — Hudson’s Bay is asking an Ontario court to approve a restructuring agreement that will give it a short timeline to save the six stores it recently spared from liquidation. Lawyers for the ailing department store want permission to move forward with an agreement it struck with lenders that will force it to start […]

Other

last month Hudson’s Bay likely to find buyers for assets like leases, stripes: experts

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.

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last month Hudson’s Bay likely to find lots of buyers for assets like leases, stripes: Experts

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 […]

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