Embattled retailer with ties to Montréal tech set to shutter stores on May 18. UCG Canada Holdings (UCG)—which does business under the name of clothing seller Frank And Oak—is set to close all of its stores and sell its brand, marking the end of an era for a former heavy-hitter in Montréal’s retail tech…
Hudson’s Bay begins full liquidation at all stores, says it’s ‘unlikely’ to save the business Toronto Star Read the original article here
Hudson’s Bay to liquidate all remaining stores, court filing says CTV News Read the original article here
TORONTO — Hudson’s Bay will start selling off all merchandise on Friday at the six stores previously spared from liquidation, effectively ending the retail empire’s reign and significantly dimming the possibility that the business dating back to 1670 TORONTO — Hudson’s Bay will start selling off all merchandise on Friday at the six stores previously…
Roberts Co founder given time for rescue plan as debts hit $272m The Australian Read the original article here
Bilt loyalty rewards launches new program to help with student debt MSN Read the original article here
Hudson’s Bay Co. says in a new court filing that the retailer will begin selling off all merchandise at the six stores previously spared from liquidation beginning Friday. Adam Zalev, managing director of Hudson’s Bay’s financial adviser Reflect Advisors, says in an affidavit that the company is making the move because there is a “low probability”…
Driving Innovation and Tackling Veteran Debt Relief Across Indiana Today at Indianapolis Motor Speedway, Verizon, Team Penske and the Indianapolis Colts announced a $6 million commitment to tackle veteran debt in Indiana over the next two years. This initiative includes a $4 million collaboration with Team Penske during the Month of May. One million dollars…
Open this photo in gallery: Sale signage at a Hudson’s Bay store in Toronto on April 22.Giordano Ciampini/The Canadian Press Hudson’s Bay will begin clearance sales at six stores that the retailer previously left out of the liquidation, according to new court documents. Canada’s oldest retailer is closing in on a deadline next week for…
INDIANAPOLIS (WISH) — Verizon, Team Penske, and the Indianapolis Colts are committing $6 million to alleviate Hoosier veteran medical debt. This is part of a $22 million debt relief program across the Great Lakes over two years, with Verizon having already relieved over $4 million in debt for more than 4,800 veterans in 2024. “They…