US EditionHudson’s Bay hopes to save six stores, begin liquidation process Monday
- Hudson’s Bay is working to keep six stores open after seeking court approval to liquidate the rest beginning Monday.
- The six stores include the flagship location on Yonge Street in Toronto and sites in Yorkdale, Hillcrest, Carrefour Laval, and Pointe-Claire malls.
- The company filed for creditor protection on March 7 due to significant financial challenges, including low sales and deferred payments to landlords.
- Hudson’s Bay will stop accepting outstanding gift cards after April 6 and has paused its loyalty program, affecting 8.2 million members.
Insights by Ground AI
Does this summary seem wrong?
109 Articles
109 Articles
All
Left
42
Center
7
Right
8
Flin Flon Reminder+4 Reposted by 4 other sources
'Hoping for better': Hudson's Bay liquidation sales begin at all but six stores
TORONTO — Canadians headed to Hudson's Bay stores Monday in hopes of scooping up the first of the retailer's liquidation deals, but many left confused about whether the markdowns had even begun.
·Flin Flon, Canada
Read Full Article
Coverage Details
Total News Sources109
Leaning Left42Leaning Right8Center7Last UpdatedBias Distribution74% Left
Bias Distribution
- 74% of the sources lean Left
74% Left
L 74%
12%
14%
Factuality
To view factuality data please Upgrade to Premium
Ownership
To view ownership data please Upgrade to Vantage
