When a retailer declares Chapter 11 bankruptcy and elects to wind down operations, it usually hires an outside company to ...

After a week of uncertainty, La Baie has finally received approval from the Ontario Superior Court to liquidate its assets starting Monday, excluding six flagship stores, three of which are located in ...

Specifically, The Bay entered bankruptcy protection earlier this year, citing these sales declines as a fundamental reason for winding down operations. According to reports from Canadian Press, this ...

The provision to liquidate insolvent companies as a going concern was intended to save jobs and preserve value, but it merely ...

Hudson’s Bay was given court approval on Friday to begin liquidating all but six of its 80 department stores, 13 Saks Off ...

Like many retailers, Hudson’s Bay struggled during the COVID-19 pandemic, but its troubles ran deeper. Now, the company is ...

Hudson’s Bay wants to liquidate all but six of its stores. It has 80 stores under the Hudson’s Bay banner, as well as the three Saks Fifth Avenue stores and 13 Saks Off 5th locations in Canada that it ...

There was a carnival-like atmosphere — and a lot of confusion — Monday morning in the fire exit stairwell at the back of the ...

The rush to rescue merchandise came ahead of liquidation sales that began Monday at all but six of the department stores run ...

Canadians headed to Hudson's Bay stores Monday in hopes of scooping up the first of the retailer's liquidation deals, but ...

Dohrnii Labs files UAE police report against Blynex, alleging unauthorized liquidation of DHN tokens and failure to deliver a ...

A company behind three F45 gym franchises in Auckland has been tipped into liquidation. K E M Holdings Ltd, which is owned and directed by Kate McEntee, appointed Victoria Toon from Corporate ...