Hudson’s Bay in recent weeks has managed to sell its intellectual property to retailer Canadian Tire, which also bid on several of its leases, for $21 million. Then about two dozen store leases ...

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

Canada's oldest retailer, Hudson’s Bay Company, is undergoing a restructuring through a process similar to bankruptcy proceedings after struggling to pay its debts. The 355-year-old company that ...

TORONTO--(BUSINESS WIRE)--Hudson’s Bay Company ULC (Hudson’s Bay or the Company), the Canadian entity that comprises the retailer Hudson’s Bay and TheBay.com, today announced it has filed ...

TORONTO--(BUSINESS WIRE)--Hudson’s Bay Company ULC (Hudson’s Bay or the Company), the Canadian entity comprising the retailer Hudson’s Bay and TheBay.com, will liquidate its remaining six ...

TORONTO – The Royal Charter issued to the Hudson’s Bay Company by King Charles II in 1670 will be up for sale as Canada’s oldest company monetizes its assets to repay nearly $1 billion in debts.

Plans to liquidate and shut down all 80 Hudson’s Bay stores and e-commerce operations in Canada, along with three Saks Fifth Avenue and 13 Saks Off 5th Avenue locations there, could begin today ...

Hudson’s Bay Co. will wind down six namesake stores plus a Saks Fifth Avenue store that the company had previously excluded from liquidation plans, saying on Thursday that “a viable bid for ...

An Ontario court has approved the liquidation of nearly all Hudson’s Bay Company’s stores, marking the end of Canada’s oldest company, which has been in operation for 355 years. The ...

Canadian Tire has entered into a definitive agreement to acquire brand assets and intellectual property from Canadian department store chain Hudson's Bay for 30 million Canadian dollars ($21.5 ...