News

Forbes2mon
Hudson’s Bay Cites Tariffs As It Enters Canadian Version Of Chapter 11
In what could be the first Trump tariff casualty, the oldest retail chain across North America, Hudson’s Bay Company, has filed for creditor protection. The Canadian department store retailer ...
Morningstar2mon
Hudson’s Bay Company ULC, the Operator of Hudson’s Bay Stores and TheBay.com, Initiates Restructuring Proceedings Under CCAA in Response to Canadian Retail Industry Challenges
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 that it has commenced proceedings under ...
The Globe and Mail20d
Hudson’s Bay to choose a new owner in two to three weeks, court told
Hudson’s Bay Co. will decide on a buyer or buyers for its assets and store leases by early to mid-June. During a court appearance on Tuesday, Ashley Taylor of Stikeman Elliott LLP, who is ...
Business Wire2mon
Hudson’s Bay to Undergo Full Liquidation Unless an Alternative Solution Emerges
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 ...
The Conversation2mon
Hudson’s Bay liquidation: What happens when a company goes bankrupt?
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 ...