Canada's Hudson's Bay Company plans to lay off 8,347 employees, or 89% of its workforce, by Sunday when it will conclude its liquidation sale and shut all stores, according to documents published ...

Hudson’s Bay Co. is selling some of its leases to a mall owner that intends to launch a "new, modern department store.” Canada’s oldest retailer, which filed the Canadian equivalent of ...

[Update as of March 24, 2025] The Ontario Superior Court of Justice, which is supervising the Hudson’s Bay Company bankruptcy under the Companies Creditors Arrangement Act (CCAA), has approved ...

TORONTO--(BUSINESS WIRE)--Hudson’s Bay Company ULC (Hudson’s Bay or the Company), as part of its ongoing restructuring under the Companies’ Creditors Arrangement Act (CCAA), today announced ...

Hudson’s Bay Company has sought court approval to conduct a dedicated auction for some of its most valuable art assets. The bankrupt department store retailer, which is North America’s oldest ...

Hudson’s Bay gives up on final 7 stores, including Canada’s last Saks 5th Avenue location The liquidation is the end of a retailer whose roots date to the 1600s, and leaves a big gap for many ...

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.

From the 17th century fur trade that birthed a nation to the last major department store in Canada, The Hudson's Bay Company has left an indelible mark, but its storied 354 years are crashing to ...

Dive Brief: Prolonging its famous Canadian heritage, Hudson’s Bay Co. has agreed to sell its intellectual property to Canadian Tire Corporation for a purchase price of about $30 million Canadian ...

Bargain hunters picked over what was left at the Hudson’s Bay Company’s remaining stores, part of a vast empire that was North America’s oldest company. By Ian Austen Reporting from the ...

Prior to the liquidation, Hudson's Bay employed 9,634 people in its 96 stores, four distribution centres and head office, according to the documents. In 2018, Sears Canada's closing led to around ...