HBC’s retreat from the Canadian retail sector will leave “a massive ugly hole in a number of malls”, he said, but the greater ...
A Canadian retail icon is on its last legs as Hudson’s Bay Company plans to liquidate its business by June, with the process ...
One of the conditions of the agreement with its senior lenders says that the six Bay stores currently not being liquidated would be added to the liquidation process if HBC can’t provide a “firm ...
TORONTO--(BUSINESS WIRE)--In connection with Hudson’s Bay Company’s (“HBC”) CCAA filing announced on March 7, 2025, RioCan Real Estate Investment Trust (“RioCan” or the “Trust ...
Canada’s oldest retailer now has mere days to come up with a financial plan to resurrect what is left of the HBC, with reports that it could close half of its 80 stores and leave nearly 10,000 ...