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A group of Hudson’s Bay’s landlords don’t want to transfer more than two dozen leases to British Columbia billionaire Ruby Liu, but the department store still has a chance to get its way. The Bay, which filed for creditor protection in March, ran a process over the last several months to find buyers for leases…
Descrease article font size Increase article font size It’s the final day for the Canadian retailer Hudson’s Bay. The company has said that final liquidation sales at all Bay stores and 16 Saks locations will end on June 1. The Hudson’s Bay Company (HBC) is the oldest corporation in North America and was incorporated in…
Manitoba Indigenous leaders say the Hudson’s Bay Company (HBC) has yet to provide them with a list of the historic artifacts they intend to auction off, despite their requests. “What we are calling for is a process for First Nations to view the artifacts, engage in a constructive dialog and explore the possibility of repatriating…
The downfall of iconic department store The Bay is throwing the future of downtown Vancouver’s retail sector further into question. The retailer is expected to begin liquidating its 80 stores soon, after entering creditor protection earlier this month. The company has said it expects to complete the liquidation by mid-June, at which point it will…
Hudson’s Bay may start to liquidate its stores this week, and operators at the two Maritime malls are worried how the iconic store’s closure could impact them and shoppers. Lawyers were in court Monday asking for permission to begin a liquidation of all 80 of its stores, and the judge’s decision is on hold. There…
