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Hudson’s Bay hopes to save six stores, begin liquidation process Monday
- Hudson’s Bay is working to keep six stores open after seeking court approval to liquidate the rest beginning Monday.
- The six stores include the flagship location on Yonge Street in Toronto and sites in Yorkdale, Hillcrest, Carrefour Laval, and Pointe-Claire malls.
- The company filed for creditor protection on March 7 due to significant financial challenges, including low sales and deferred payments to landlords.
- Hudson’s Bay will stop accepting outstanding gift cards after April 6 and has paused its loyalty program, affecting 8.2 million members.
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Daily Courier
Canadian clothiers sad to see Bay's decline but say they long ago adjusted to new era
TORONTO - Toronto womenswear designer Hilary MacMillan says it was a “huge moment” in her career to have her clothes featured at The Bay in high-profile collaborations several years ago.
Coverage Details
Total News Sources109
Leaning Left57Leaning Right8Center9Last UpdatedBias Distribution77% Left
Bias Distribution
- 77% of the sources lean Left
77% Left
L 77%
12%
11%
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