Hudson's Bay owes almost $1M on Island; mall operator biggest creditor – Times Colonist
Hudson’s Bay owes almost $1M on Island; mall operator biggest creditor Times Colonist Read the original article here
Customers flock to Hudson’s Bay ahead of liquidation – Winnipeg Free Press
A Minnesota senior who drove seven hours to stock up on items at a Hudson’s Bay store is ‘grieving’ the potential loss of the iconic chain. The Bay filed for creditor protection last week. Then, on Friday night, it announced it will begin liquidating its entire business as soon as next week, pending court approval.…
Hudson’s Bay to liquidate business, owes Island creditor companies
Hudson’s Bay, Canada’s oldest company, is hoping it can avoid a shut down by announcing a liquidation strategy amid financial struggles. On Friday, the department store company said unless it finds a more viable path forward, it will begin liquidating its entire business as soon as next week. “Devastating,” Victoria shopper Maggie said on Saturday.…
Hudson’s Bay plans ‘immediate’ liquidation of entire business – MSN
Hudson’s Bay plans ‘immediate’ liquidation of entire business MSN Read the original article here
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Hudson's Bay to liquidate entire business, still seeking additional capital – MSN
Hudson’s Bay to liquidate entire business, still seeking additional capital MSN Read the original article here
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To use this website, cookies must be enabled in your browser. To enable cookies, follow the instructions for your browser below. Facebook App: Open links in External Browser There is a specific issue with the Facebook in-app browser intermittently making requests to websites without cookies that had previously been set. This appears to be a…
Hudson’s Bay to liquidate entire business
Retail analyst Bruce Winder discusses the challenges facing the Bay and what potentially lies ahead for the company. TORONTO — Despite holding out hope it can avoid a full shutdown, Hudson’s Bay says it is planning an “immediate” liquidation that would begin next week and wrap up in June. In a late Friday announcement, Canada’s…
Unifor calls for fairness for workers, transparency following HBC liquidation announcement
Following Hudson’s Bay Company’s (HBC) announcement that it will liquidate its retail operations, Unifor is calling on the company to uphold its legal obligations to workers as priority number one and provide clear communication about the future of the announced liquidation. “HBC must act in good faith by ensuring workers receive the wages, benefits, and…
Lack of store investment, underlying issues led Hudson's Bay to 'slow death': experts – Castanet.net
Lack of store investment, underlying issues led Hudson’s Bay to ‘slow death’: experts Castanet.net Read the original article here