Hudson's Bay historically is known for striped wool blankets that were originally traded for beaver pelts. Now it runs about 80 stores, after several waves of closures and layoffs.

Hudson's Bay was part of the same retail group led by Richard Baker that owned Saks Fifth Avenue and Saks Off 5th, but when Saks purchased the Neiman Marcus Group in December in a $2.7 billion ...

Hudson's Bay will lay off more than 8,300 employees — about 89 per cent of its workforce — by Sunday, according to documents published Monday evening, at which point the retailer will have ...

Hudson’s Bay in Canada Files for Bankruptcy Protection, Initiates Restructuring Proceedings. David Moin. Fri, March 7, 2025 at 11:56 PM UTC. 5 min read.

Hudson's Bay, Canada's oldest retail chain, has been part of the country's landscape and identity for 355 years, anchoring malls from coast to coast. Sign up here.

Hudson’s Bay says discounts at liquidating stores range from 15 to 40 per cent off the lowest ticketed prices at the Bay. It says Saks Fifth Avenue and Saks Off 5th are offering discounts of 15 ...

Hudson’s Bay Company, Canada’s venerable department store chain and the oldest corporation in North America, will begin to liquidate its entire business next week. The Toronto-based company ...

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 ...

According to Creditsafe, cash-flow issues at Hudson's Bay have been prevalent for six months, driving Hudson's Bay to pay suppliers nearly two months late, or 57 days late on average as of January.

About Hudson’s Bay Company ULC Hudson’s Bay Company ULC is a Canadian entity that includes the retail company Hudson’s Bay, comprising 80 stores and TheBay.com.

A Hudson’s Bay department store in Edmonton, Alberta, in 2023. Photo: ZUMA Press. Hudson’s Bay, the Canadian department store chain founded in 1670, is preparing for a bankruptcy filing within ...

Beleaguered retailer Hudson’s Bay has received 17 bids in a sales process in which its leases, intellectual property and real estate are up for grabs. Updated May 23, 2025 at 5:46 p.m.