Hudson’s Bay in Richmond Centre shopping centre, Richmond, B.C., on March 27. Canada’s oldest retailer is in the process of liquidating most of its department stores across Canada.Isabella Falsetti/The Globe and Mail
Hudson’s Bay Co. is asking the court to appoint new legal counsel for its employees as it prepares for more job cuts in the coming weeks and is also in talks with its lenders to create a “hardship fund” for those facing financial strain as benefits are cut off.
Canada’s oldest retailer is in the process of liquidating most of its department stores across Canada. Unless a buyer or investor steps forward with a plan to save part of the business, the process will result in thousands of job…
