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 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.

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 ...

A Chinese billionaire mall owner in British Columbia has won the bidding for up to 28 Hudson’s Bay store leases, the company announced on Friday. Weihong Liu, chairwoman of real estate ...

Hudson’s Bay was purchased by U.S.-based NRDC Equity Partners in 2008, and Moscrop writes: “Critics have long argued that NRDC’s purchase was a real estate play — or ‘land grab ...

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 ...

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.

Hudson’s Bay Company ULC (Hudson’s Bay or the Company), the Canadian entity comprising the retailer Hudson’s Bay and TheBay.com, today announced an update to ...

After 355 years in business, Hudson's Bay Company, better known as The Bay, officially closes June 1, and must vacate all of its properties by the end of the month.

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

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.

Hudson’s Bay Company’s efforts to stay in business appear increasingly unlikely to pan out. Canada’s oldest company will liquidate its remaining six Hudson’s Bay stores and one Saks Fifth ...