Canadian Press NewsAlert: Hudson’s Bay to liquidate entire business
Written by The Canadian Press on March 14, 2025
TORONTO — Canada’s oldest company Hudson’s Bay says it will begin liquidating its entire business as soon as next week unless it finds a more viable path forward.
The department store chain with 80 stores says it has been forced toward a full liquidation because exhaustive efforts haven’t turned up the financing the company needs to restructure.
More coming.
Tara Deschamps, The Canadian Press