News

When the doors to the flagship Hudson’s Bay store in Toronto opened Friday morning, a burst of customers entered on a mission ...
RETAILERS got a sunshine sales boost last month — but experts warn it will not last as consumer confidence has been dented by ...
Canada's venerable retailer suffered from too much debt, failure to pay bills and insufficient investment in its department ...
Consumer spending, excluding autos, was lower overall nationwide, according to the Federal Reserve’s latest Beige Book report ...
The liquidation is the end of a retailer whose roots date to the 1600s, and leaves a big gap for many brands and their ...
Starting a business is hard, and it's even harder to keep it running. Only a few can achieve the title of "historic business," especially in this economy and with increasingly more challenging ...
The decision to liquidate the final six stores comes after Hudson’s Bay received court approval last month to liquidate 90 of its 96 Bay, Saks, and Saks Off Fifth stores by mid-June. The company has ...
The company has assessed that securing a bid for the locations under the current operational model is unlikely.
Hudson's Bay to liquidate its remaining seven stores after failing to secure restructuring financing. Stores in Canada expected to close by June 15.