Hudson’s Bay, Canada’s oldest retailer, is set to lay off approximately 90% of its workforce, or 8,347 employees, by Sunday, June 1, as it concludes its liquidation sale and shuts all stores. Founded ...

Hudson’s Bay Company, the Toronto-based department store chain and website, disclosed Friday that it is restructuring its business and has been granted protection from its creditors by a Canadian ...

Hudson’s Bay is liquidating all of its stores but won’t completely disappear from the Canadian retail landscape. The Canadian Tire Corp. has entered into a definitive agreement to buy the intellectual ...

As part of its liquidation process, Hudson’s Bay Company will sell its intellectual property (IP) to Canadian Tire, another retailer with a long history in the country (though not quite as long as ...

The latest development in Hudson’s Bay Co.’s roughly 350-year history comes about two months after it filed for bankruptcy. For CTC, the IP acquisition is viewed as a patriotic move. "It's ...

TORONTO--(BUSINESS WIRE)--Hudson’s Bay Company ULC (Hudson’s Bay or the Company), the Canadian entity that comprises the retailer Hudson’s Bay and TheBay.com, today announced it has filed documents ...

Hudson’s Bay, Canada’s oldest retailer, is planning to file for bankruptcy, according to people with knowledge of the matter. The department chain has been unable to secure financing to shore up its ...