Canada's oldest retailer, Hudson's Bay department store, cannot pay its debts. The high-end chain, dating back to the 17th-century fur-trade era, has been losing money and shoppers, set back by ...

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 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?

Even before Richard Baker's NRDC firm took control of the Hudson's Bay Co., the Toronto-based department store chain was a sinking ship. But now it's been hamstrung by more than 1 billion Canadian ...

Hudson's Bay Co. has backtracked on its decision last month to cut commission pay earned by hundreds of cosmeticians and fragrance advisers during liquidation sales, CBC News has learned.

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 ...

Hudson’s Bay, the Canadian department store chain founded in 1670, is preparing for a bankruptcy filing within days, people familiar with the matter said. The chain became a stand-alone ...

Hudson’s Bay has received 17 bids in the sales process in which its leases, intellectual property and real estate are up for grabs, according to a court document filed on Friday. In a separate ...

An Ontario court has granted Hudson’s Bay an extension of its creditor protection and given the beleaguered retailer permission to repay millions of dollars owed to certain senior lenders that ...

TORONTO (AP) — Canada’s oldest retailer, Hudson’s Bay, has filed for creditor protection and intends to restructure the business. The department store company that dates back to 1670 ...

Hudson’s Bay, Canada’s oldest retailer, is planning to file for bankruptcy, according to people with knowledge of the matter. The department chain has been unable to secure financing to shore ...

Initially, Hudson's Bay was liquidating all but six of the 80 locations it has under its Hudson’s Bay banner, as well as the three Saks Fifth Avenue stores and 13 Saks Off 5th locations in Canada that ...