Tag Archives: hudson’s bay

Hudson’s Bay Chain Faces “Immediate Liquidation”

The CBC reports: Hudson’s Bay Company is nearly a billion dollars in debt, according to court filings that paint a dire portrait of the struggling Canadian department store chain’s finances. The documents were submitted as part of its creditor protection filing last week. The company owes a total of $950 million to nearly 2,000 secured and unsecured creditors. Some experts …

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