Hudson's Bay is liquidating all of its stores but won't completely disappear from the Canadian retail landscape. The Canadian Tire Corp. has entered into a definitive agreement to buy the ...

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 ...

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 ...

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 ...

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 ...

Canadian retailer The Hudson’s Bay Company has finalised an agreement to transfer its intellectual property rights to Canadian Tire for C$30m ($21m). The transaction is a strategic move within a ...

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

Hudson’s Bay, Canada’s oldest retailer, is planning to file for bankruptcy, according to people with knowledge of the matter. The department chain has been unable to secure financing to shore ...

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 ...

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.

As part of its restructuring, Canadian department store Hudson’s Bay Co. will eliminate 200 corporate roles effective Friday. “This is a difficult reality of the restructuring process ...

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 that ...