9,000 jobs at risk as Hudson’s Bay to liquidate entire business

[DesRicardo]

Sad times.

Hudson’s Bay to liquidate entire business, still seeking additional capital

Despite holding out hope it can avoid a full shutdown, Hudson's Bay says it is planning an 'immediate' liquidation that would begin next week and wrap up in June.

www.ctvnews.ca

 

[K Douglas]

I believe Canada's oldest corporation. I've spent a lot of money in the Bay over the years. This is very sad.
I was in the Bay at Sherway Gardens a couple of weeks back and I could tell something wasn't right. Inventory was so low and they were shutting the store down at 7pm on a weeknight.