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Canada's Hudson's Bay Company plans to lay off 8,347 employees, or 89% of its workforce, by Sunday when it will conclude its liquidation sale and shut all stores, according to documents published ...
Ruby Liu wanted 28 former Bay leases to open a new department store named after herself. The sale of the first three leases ...
Through a license agreement, Hudson's Bay has a small footprint of three Saks Fifth Avenue and 13 Saks Off 5th stores in Canada, which the company said will continue to operate.
Through a license agreement, Hudson’s Bay Company ULC has a small footprint of Canadian Saks Fifth Avenue and Canadian Saks OFF 5TH stores. These stores will also continue to operate.
Hudson’s Bay, a retailer with roots in Canada dating back more than 350 years, is facing liquidation after failing to secure the financing it needs to keep its stores open. The department store ...
In a statement, Hudson’s Bay noted that it employs more than 9,300 people and that the closure of its stores would mark the loss of a key employer and retailer in shopping centers and malls across ...
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 ...
The demise of Hudson’s Bay raises broader questions about the viability of traditional department stores in today’s retail environment.
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 ...