The retailer is speaking to key stakeholders, such as landlords, to create an alternative path that could preserve jobs and tenancy in retail locations, but this would also require a significant amount of capital. (Credit: Katherine KY Cheng/Getty Images/Postmedia files) Hudson’s Bay Co. on Friday received court approval to start liquidating all but six of…
Hamilton and Burlington Hudson’s Bay stores closing after liquidation Hamilton Spectator Read the original article here
Canada’s oldest company to liquidate all but 6 stores starting Monday NewsNation Now Read the original article here
TORONTO (AP) — 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…
Hudson’s Bay gets court approval to start liquidating Monday at all but six stores MSN Read the original article here
For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails An Ontario court on Friday gave Hudson’s Bay, Canada’s oldest company, permission to start liquidating all but six of its…
“Hudson’s Bay has been a cornerstone of our community for over 45 years. Generations of families have shopped at this store and been served by our amazing members, who have taken great pride in their work,” he added. Representatives of Canada’s oldest company were in court this week to seek permission from an Ontario judge…
Canada’s oldest company to liquidate all but 6 stores starting Monday CBS 4 Indianapolis Read the original article here
An Ontario court has given Canada’s oldest company permission to liquidate all but six of its stores starting on Monday. The approval from Ontario Superior Court judge Peter Osborne allows Hudson’s Bay to begin selling off inventory at the bulk of its 80 stores, including the Hudson’s Bay location at Devonshire Mall in Windsor. The…
After a week spent seeking a lifeline, Hudson’s Bay says it has found a way to keep six stores open. Canada’s oldest company is back in court today to seek permission from an Ontario judge to liquidate all its other stores, and hopes to begin that process starting Monday. Hudson’s Bay lawyer Ashley Taylor says…