Article content (Bloomberg) — Hudson’s Bay Co. fought to avoid a full shutdown in a Toronto courtroom on Monday, asking for permission to begin liquidating most of its stores this week. Article content A lawyer for Canada’s oldest company, Ashley Taylor, said HBC’s efforts to solve its cash flow crisis have “failed.” Taylor also told…
Article content (Bloomberg) — Hudson’s Bay Co. fought to avoid a full shutdown in a Toronto courtroom on Monday, asking for permission to begin liquidating most of its stores this week. Article content A lawyer for Canada’s oldest company, Ashley Taylor, said HBC’s efforts to solve its cash flow crisis have “failed.” Taylor also told…
Hudson’s Bay plans to liquidate. Here are key takeaways from Monday’s court hearing Times Colonist Read the original article here
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Company says attempts to secure financing to pursue a restructuring transaction have failed A prominent Canadian business with a long history tied to that of the country itself has announced it will begin a store-by-store liquidation process. Hudson’s Bay Company ULC, which comprises the retailer Hudson’s Bay and TheBay.com, recently announced it has filed documents with…
Does Hudson’s Bay liquidation signal the end of an era for department stores? CTV News Read the original article here
Autoplus Limited, based in Norton, Stockton, entered voluntary liquidation on March 10, leaving customers and staff devastated by the news. The liquidation resulted in job losses for several employees, while loyal customers have expressed their disappointment at the closure of the long-standing business. Many have taken to social media to share their frustration and sadness, with some…
By Emlyn Cameron · March 17, 2025, 4:52 PM EDT Cannabis vaping technology and service provider The Blinc Group Inc. filed for Chapter 7 in a New York bankruptcy court, citing at least $1 million in liabilities…. To view the full article, register now. Read the original article here
Breadcrumb Trail Links News Retail & Marketing The proposed liquidation will extend to the company’s e-commerce business, which will continue until its distribution centre empties Author of the article: The Canadian Press Tara Deschamps Published Mar 17, 2025 • Last updated 19 minutes ago • 5 minute read You can save this article by registering for…