Topline
Plans to liquidate and shut down all 80 Hudson’s Bay stores and e-commerce operations in Canada, along with three Saks Fifth Avenue and 13 Saks Off 5th Avenue locations there, could begin today unless a financial lifeline is found to sustain some operations — a prospect that appears increasingly unlikely, according to CBC.
Hudson’s Bay Chief Executive Officer Richard Baker, 48, of Hudson’s Bay Co. (HBC) The Canadian … [+]
Key Facts
On March 7, the Hudson’s Bay Company filed for creditor protection under the…
