Hudson's Bay is in limbo after filing for creditor protection. Here's what you need to know
- Posted on March 13, 2025
- By AOL
- 7 Views
Hudson's Bay is in limbo after filing for creditor protection. Here's what you need to know
Hudson's Bay Company filed for creditor protection last week, saying it's struggling to pay landlords, vendors and employees — and it's a process that could lead to the sale or closure of Canada's oldest company.Retail experts say the writing has been on the wall for several years, with some stores in disarray, the shopping experience lacking, several locations shuttered and many workers laid off."The brand is not in good condition and the reasons for that go back decades. This is not something