Hudson’s Bay to liquidate entire business, still seeking additional capital

What went wrong? Analysts say Hudson’s Bay couldn’t compete among nimble competitors with pretty stores

HALIFAX - Retail experts say the looming demise of Hudson’s Bay Co. as a national presence would be a “historic loss” but not surprising, given the retailer’s inability to draw customers into stores.

This company, created in 1670 by two French trappers, became a luxury distribution chain, did not adapt to the evolution of the market. Its nearly 10,000 employees should be dismissed.

Liquidation looming? Windsor shoppers flock to Hudson's Bay at Devonshire Mall

Liquidation looming? Windsor shoppers are using retail therapy to cope with likely death soon of another major Canadian department store.

Hudson’s Bay shoppers scramble for striped products as company seeks liquidation

TORONTO - Hudson’s Bay’s signature blankets and other striped merchandise are flying off the shelves as Canadians scramble to pick up a piece of the storied retailer seeking permission to liquidate.

RioCan calls Hudson’s Bay creditor filing ‘disappointing’ and vows to protect its interests

RioCan says it remains committed “to protecting the interests of its Unitholders and other stakeholders” as Hudson's Bay awaits word on whether it can begin liquidating all 96 of its Canadian stores.

Saks Could Be the Next Major Retailer to Exit Union Square

Saks Fifth Avenue, which already switched to an appointment-only model at its Union Square store and laid off some employees, may not be sticking around much longer in SF, real estate experts surmise.The parent company of Saks, the Hudson Bay Company (HBC), just completed a deal late last year merging Saks Fifth Avenue with two other luxury retail brands, Neiman Marcus and Bergdorf Goodman. And while Fortune reports this deal is likely, in the e…