Hudson's Bay is 355 years old. Canadian Tire is 103 years old. The deal to sustain Hudson's Bay, albeit in a limited way, "feels as strategic as it feels patriotic," Hicks added.

Hudson's Bay will lay off more than 8,300 employees by June 1, according to documents published Monday evening, at which point the retailer will have closed all its stores and its liquidation sale ...

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 ...

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 has begun liquidating all but six of its stores after the company filed for creditor protection earlier this month. Here’s how the process is unfolding so far: Which stores are ...

Through a license agreement, Hudson’s Bay Company ULC has a small footprint of Canadian Saks Fifth Avenue and Canadian Saks OFF 5TH stores. These stores will also continue to operate.

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. But the ...

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 ...

Hudson’s Bay Company, the Toronto-based department store chain and website, disclosed Friday that it is restructuring its business and has been granted protection from its creditors by a ...

Hudson’s Bay said that it will have terminated about 8,347 employees by June 1, when it completes the liquidation of more than 80 stores across Canada.

The Ontario Superior Court of Justice has granted Hudson’s Bay permission to proceed with a revised liquidation plan, which will temporarily exclude six stores from the initial list.

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 business ...