TORONTO — After a week spent seeking a lifeline, Canada’s oldest company has found a way to keep six of its stores open — for now — but will begin liquidating the remainder on Monday. TORONTO — After a week spent seeking a lifeline, Canada’s oldest company has found a way to keep six of…
Canada’s oldest company to liquidate all but 6 stores starting Monday The Hill Read the original article here
Debt is an increasing issue with the cost-of-living crisis and other pressures seeing increasing numbers of people struggling to make ends meet. Next week marks the annual Debt Awareness Week an annual campaign organised by charity StepChange to raise awareness of the issue and signpost people to the support and advice they need. Just this…
TORONTO — After a week spent seeking a lifeline, Canada’s oldest company has found a way to keep six of its stores open — for now — but will begin liquidating the remainder on Monday. TORONTO — After a week spent seeking a lifeline, Canada’s oldest company has found a way to keep six of…
Pursuing debt forgiveness this March could help you save hefty amounts on your credit card debt. Getty Images Over the past few years, high inflation and the elevated cost of living that comes with it have made it increasingly difficult for many Americans to stay on top of their finances. With everyday essentials like groceries…
TORONTO — An Ontario court on Friday gave Hudson’s Bay, Canada’s oldest company, permission to start liquidating all but six of its stores on Monday. The approval from Ontario Superior Court judge Peter Osborne allows the retailer, which dates back to 1670, to begin selling off inventory at most of its 80 Hudson’s Bay stores,…
Buenos Aires, Argentina – It is December in the capital of Buenos Aires, and the summertime temperatures have soared to 35 degrees Celsius (95 Fahrenheit). The sun beats relentlessly on the corrugated metal roofs of Villa Fiorito, a working-class neighbourhood south of Argentina’s capital city. Teenagers in flip-flops ride their motorbikes through the dirt streets.…
(Bloomberg) — Hudson’s Bay Co. ULC can begin liquidating all but six of its stores on Monday, an Ontario court decided on Friday, ending an era of department store dominance for Canada’s oldest company. The Ontario Superior Court approved the retailer’s wind-down proposal as it tries to find restructuring solutions with its creditors and landlords.…
Does College Basketball Have a Gambling Problem? The Wall Street Journal Read the original article here
TORONTO — After a week spent seeking a lifeline, Canada’s oldest company has found a way to keep six of its stores open — for now — but will begin liquidating the remainder on Monday. TORONTO — After a week spent seeking a lifeline, Canada’s oldest company has found a way to keep six of…