Some retail experts say the traditional department store is on its way out in Canada because it didn't change with the times.
If that process unfolds, Amlani says shoppers would notice liquidation sales and everything from inventory to store furniture would be sold off. Hudson’s Bay attributed the creditor protection ...
The company has 80 Hudson’s Bay locations that sell everything from apparel to housewares, cosmetics and furniture. Through a licensing agreement, it also owns three Saks Fifth Avenue stores and ...
RioCan Real Estate Investment Trust is among those exposed to Hudson's Bay's financial woes because it co-owns 12 store properties with HBC, including some of the most prominent downtown locations.
Hudson’s Bay, a historic Canadian department store chain, has sought protection in its home country and intends to ...
Hudson's Bay is waiting to see if it will be granted approval to liquidate stores as the retailer requests more time to work ...