The retailer’s successor sought to claw back short-term trading profits, but a judicial panel upheld that contractual caps kept the hedge fund’s stake under 10%.
Even before Richard Baker’s NRDC firm took control of the Hudson’s Bay Co., the Toronto-based department store chain was a sinking ship. But now it’s been hamstrung by more than 1 billion Canadian ...
Hudson's Bay is liquidating all of its stores but won't completely disappear from the Canadian retail landscape. The Canadian Tire Corp. has entered into a definitive agreement to buy the intellectual ...
TORONTO--(BUSINESS WIRE)--Today and tomorrow only, Hudson’s Bay is hosting a two-day online sale on thebay.com where shoppers will receive $50 off almost any purchase of $200 or more, including ...
Somerset Development and HIG Capital sealed bridge loan for Bell Works Fort Monmouth campus which will be Jersey Mike's new ...
As part of its restructuring, Canadian department store Hudson’s Bay Co. will eliminate 200 corporate roles effective Friday. “This is a difficult reality of the restructuring process, and we are ...
TORONTO--(BUSINESS WIRE)--Hudson’s Bay announced today that it will separate its store fleet and e-commerce business into two separate businesses, accelerating its digital-first transformation. This ...
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 ...
Hudson’s Bay Co. was granted court approval on Thursday to sell off six of its leases for more than $5-million, but continues to face pressure from landlords who oppose another deal that will be ...