8 h. ago What the possible closure of Hudson’s Bay stores could mean for the N.S. retail landscape

Hudson's Bay may start to liquidate its stores this week. Nova Scotia shoppers, mall management and a business expert are weighing in on the possible impacts.

Other

9 h. ago Who owns Hudson’s Bay and why Canada’s oldest company is going out of business

It turns out Canada's oldest company hasn't been Canadian for quite some time

Economics

10 h. ago Hudson's Bay employees demand severance pay ahead of chain's liquidation

The union representing the Bay employees in Canada is calling on the company to prioritize workers as it continues its restructuring process.Canadian Labour Congress (CLC) says the Hudson's Bay Company (HBC)'s financial troubles shouldn't "come at the cost of workers' livelihoods."The Canadian retail institution employs around 9,400 people, including 647 who are unionized."We demand that HBC honour its commitments — wages, benefits and severance must be paid. No backroom deals, no vague promises — workers deserve full transparency," reads a statement from the CLC on Tuesday.North America's oldest company filed for creditor protection under the federal Companies' Creditors Arrangement Act (CCAA) on March 7 and received approval from the Ontario Superior Court of Justice on the same day.Last Friday, the Bay announced that full liquidation could begin this week. The latest court documents stated that the company intends to conclude it...

Other

11 h. ago Hudson’s Bay properties in focus as RioCan calls creditor filing ‘disappointing’

TORONTO — The possible liquidation of Hudson’s Bay is also bringing into question the future of its huge retail footprint, and highlighting the exposure other companies have to its potential downfall. RioCan Real Estate Investment Trust is especially exposed to Hudson’s Bay’s financial woes because the two companies co-own 12 store properties, including some of […]

Economics

13 h. 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

29 h. 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

29 h. ago Curious bargain hunters see empty display cases, low stock at Langley Hudson's Bay

Cases, once filled with watches, sit empty. Some fragrance and beauty counters stand darkened while others show rows of remaining product waiting to be sold. Read more.

Economics

29 h. ago Hudson's Bay store in Langley already showing signs a closure could be near

Curious bargain hunters find cases, once filled with watches, now sit empty. Some fragrance and beauty counters stand darkened while others show rows of remaining product waiting to be sold. 

Other

29 h. ago This B.C. Hudson's Bay store is showing signs a closure could be near

Curious bargain hunters at the Langley store find cases, once filled with watches, sitting empty. Some fragrance and beauty counters stand darkened while others show rows of remaining product waiting to be sold. 

Other

29 h. 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

29 h. ago Amid empty shelves and idle escalators, shoppers seek piece of history at Bay stores

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 discounts.

Other

30 h. 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

31 h. 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

34 h. ago As Hudson’s Bay seeks financing, store liquidation could begin Tuesday

Liquidation would span 80 stores as well as three Saks Fifth Avenue stores and 13 Saks Off 5th locations in Canada

Other

35 h. ago Hudson’s Bay liquidation of all stores could start as soon as Tuesday

The proposed liquidation will extend to the company's e-commerce business, which will continue until its distribution centre empties

Culture

40 h. 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 d. ago 'Pretty emotional': Calgary Hudson's Bay staff, customers reflect on retail empire's demise

None of the employees knew when the store would close or when their last day on the job would be. They're among the 9,364 Bay employees that could well be out of a job soon. Signs of the chain's impending collapse have been apparent at the store for months, if not years.

Economics

3 d. ago Lack of store investment, underlying issues led Hudson’s Bay to ‘slow death’: experts

TORONTO — Analysts say the planned liquidation of Hudson’s Bay will leave a hole in the country’s retail landscape, as Canada’s oldest company prepares to wind down in the coming months unless it can find a last-minute solution. Retail experts attribute a combination of missteps that led to Friday night’s announcement from Hudson’s Bay, which […]

Events

3 d. ago Hudson’s Bay to liquidate entire business as it continues to seek additional capital

Company said it remains optimistic it can drum up financing and find a solution with key stakeholders to avoid full shutdown

Economics

3 d. ago Hudson’s Bay suffered ’slow death’ from lack of store investment and underlying issues: experts

Company said it remains optimistic it can drum up financing and find a solution with key stakeholders to avoid full shutdown

Events