Hudson’s Bay in Richmond Centre shopping centre, on March 27.
Hudson’s Bay stores are proceeding with clearance sales, which are expected to last 10 to 12 weeks and to conclude by mid-June.Isabella Falsetti/The Globe and Mail
Senior lenders to Hudson’s Bay Co. have not yet acted on a previous claim that they would attempt to push the company into receivership, even after the court rejected a proposed agreement to give those lenders control over the retailer’s restructuring.
Those lenders – Bank of America N.A., Pathlight Capital LP and Restore Capital LLC – had told the court last week that “guardrails” were needed as the Bay looks for options to continue operating in some form, while also…
