Hudson Bay, which got its start in the 17 th century fur trade, is reportedly nearing bankruptcy, sources told The Wall Street Journal. The storied Canadian department store, known for its iconic ...

Hudson’s Bay Company, the Toronto-based department store chain and website, disclosed Friday that it is restructuring its business and has been granted protection from its creditors by a Canadian ...

[Update as of March 24, 2025] The Ontario Superior Court of Justice, which is supervising the Hudson’s Bay Company bankruptcy under the Companies Creditors Arrangement Act (CCAA), has approved ...

Vancouver’s flagship Hudson’s Bay store was quiet Saturday, with only a handful of shoppers — a scarcity that marks the decline of North America’s oldest company and a pillar of Canadian retail since ...

Canada's oldest retailer, Hudson’s Bay Company, is undergoing a restructuring through a process similar to bankruptcy proceedings after struggling to pay its debts. The 355-year-old company that ...

Canada's oldest retailer, Hudson's Bay department store, cannot pay its debts. The high-end chain, dating back to the 17th-century fur-trade era, has been losing money and shoppers, set back by the ...

Executive chair Richard Baker to replace Marc Metrick after company misses $100m interest payment on debt ...