by Mike Duff | Apr 29, 2025 | Retail Articles
Although it still holds out hope for rescue, Hudson’s Bay Co. stated it would liquidate its remaining six Hudson’s Bay stores and one Saks Fifth Avenue location. Hudson’s Bay stated that a viable bid for its current six-store organization is unlikely, so it has begun...
by Mike Duff | Mar 17, 2025 | Retail Articles
Hudson’s Bay Co. ULC, citing insufficient financing commitment after its recent bankruptcy filing, warned it could begin a liquidation of its stores in Canada next week. The bankruptcy filing did not include operations in the United States, which Hudson’s Bay had...
by Mike Duff | Mar 12, 2025 | Retail Articles
Hudson’s Bay Co. ULC, comprised of Hudson’s Bay and TheBay.com, has announced it has sought bankruptcy protection, although the company’s associated retail operations in the United States won’t be affected by the move. Hudson’s Bay commenced proceedings under the...
by Mike Duff | Jul 8, 2024 | Featured News, Retail Articles
HBC, parent company of Saks Fifth Avenue and Hudson’s Bay stores, is getting some help from Amazon in its definitive agreement to acquire Neiman Marcus Group, parent of Neiman Marcus and Bergdorf Goodman, for a total enterprise value of $2.65 billion. In the wake of...
by Mike Duff | Nov 9, 2022 | Featured News, Retail Articles
Big Lots has announced the appointment of two new executives with Margarita Giannantonio named chief merchandising officer and John Alpaugh chief marketing officer. Giannantonio will shape and lead the company’s merchandising strategy across all product...