Hudson's Bay closures to cause job losses well beyond the retailer
- Hudson's Bay will shutter 74 stores in June, along with Saks Fifth Avenue and Saks Off Fifth locations.
- The Bay has struggled for two years, leading to business realignment over the past 18 months for protection.
- These closures impact 9,364 retail workers plus salon, spa, brand staff, and even service providers within the stores.
- Lanita Layton said the impact is significant: "As bad as it is the direct hit with the Bay employees, the implications go far wider than that."
- The job market faces a blow, with potential losses extending to merchandise suppliers and infrastructure support staff.
26 Articles
26 Articles
Hudson’s Bay Closures to Cause Job Losses Well Beyond the Retailer
When Hudson’s Bay closes the vast majority of its stores in June, the job losses will extend beyond the storied retailer’s own workforce. Canadians working for salons, spas and other service providers located within the Bay and its sister stores Saks Fifth Avenue and Saks Off Fifth stand to lose their jobs, along with staff hired directly by some brands to preside over beauty counters, jewelry departments or fashion boutiques throughout the stor…
Hudson's Bay closures to cause job losses well beyond the retailer
TORONTO — When Hudson’s Bay closes the vast majority of its stores in June, the job losses will extend beyond the storied retailer’s own workforce. Canadians working for salons, spas and other service providers located within the Bay and its sister stores Saks Fifth Avenue and Saks Off Fifth stand to lose their jobs, along […]
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