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As the Hudson's Bay Company (HBC) store closures in Canada loom, so do massive job losses, according to court documents.
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Jacobin on MSNHere Lies Hudson’s Bay Company, Murdered by Private EquityCanada’s oldest company is dead. Hudson’s Bay, an iconic department store chain whose first location opened in 1881, has ...
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 ...
TORONTO — The death knell is ringing for Canada’s oldest company. Hudson’s Bay announced late Friday evening that unless it finds a more viable path forward, it will begin liquidating its ...
Canadian department store chain Hudson’s Bay Company has revealed plans to initiate a full liquidation of its business as it failed to obtain the necessary funding to proceed with a ...
TORONTO — Hudson's Bay plans to sell up to 28 of its store leases to a B.C. mall owner who wants to launch "a new modern ...
TORONTO, March 22, 2025--(BUSINESS WIRE)--Hudson’s Bay Company ULC (Hudson’s Bay or the Company), the Canadian entity comprising the retailer Hudson’s Bay and TheBay.com, today announced an ...
Hudson's Bay Company filed for creditor protection last week, saying it's struggling to pay landlords, vendors and employees — and it's a process that could lead to the sale or closure of ...
Hudson’s Bay is proposing to initiate a full liquidation of all of its 96 stores as early as Tuesday, putting some 9,000 jobs on the chopping block, if an Ontario court approves the company’s ...
Canada's oldest retailer, Hudson's Bay department store, cannot pay its debts. The high-end chain, dating back to the 17th-century fur-trade era, has been losing money and shoppers, set back by ...
Hudson's Bay Co. will start selling off all merchandise on Friday at the six stores previously spared from liquidation, effectively ending the retail empire's reign and significantly dimming the ...
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