Two of Canada’s most prominent families have proposed an $18-million deal to jointly purchase the 355-year-old Hudson’s Bay royal charter – a document that played a pivotal role in the country’s ...
Canada's Hudson's Bay Co. will lay off 8,347 employees, or 89% of its workforce, by the end of this week, Reuters reported, citing court documents. The retail chain, one of the region's oldest ...
The B.C. billionaire’s team has portrayed her as a rags-to-riches business savant who would ‘save Canadian retail.’ But her ...
The company intends to roll out select Bay-branded products across its locations. “This choice feels as strategic as it feels patriotic. It builds on our generational connection to life in Canada and ...
Hudson’s Bay Company, Canada’s venerable department store chain and the oldest corporation in North America, will begin to liquidate its entire business next week. The Toronto-based company said ...
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Hudson's Bay managers will get up to $3 million in bonuses, but workers get no severance
The beleaguered Hudson's Bay Co., which plans to close most of its 96 stores by the end of June, will pay up to $3 million total in retention bonuses to 121 managers and executives — but will not pay ...
Hudson's Bay Co said on Monday it had raised $200 million to establish the e-commerce unit of its off-price business, Saks Off 5th, as a standalone entity, as the luxury retailer seeks to woo more ...
A team from Stikeman Elliott is steering iconic Canadian retailer Hudson’s Bay Company through its restructuring. Led by Stikeman partners Ashley Taylor and Maria Konyukhova, the restructuring of ...
TORONTO • Canada's Hudson's Bay Co said on Tuesday it would sell its unprofitable online banner Gilt and up to 10 Lord & Taylor stores, including its flagship Manhattan outlet, as its quarterly loss ...
TORONTO (Reuters) - Activist investor Land & Buildings on Thursday resumed its criticism of department store owner Hudson's Bay Co , urging it to correct its underperformance and extract value from ...
Hudson’s Bay Co., a Canadian retail owner founded in 1670, is asking a judge for permission to start liquidating all of its stores, a process that could begin as early as this week. HBC owns 80 ...
Hudson’s Bay Company announced that its Board of Directors has appointed Helena Foulkes as Chief Executive Officer, effective February 19, 2018. See what responsibilities Foulkes will have upon taking ...
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