Hudson's Bay files for creditor protection, intends to restructure
[...]Canada's oldest retailer, Hudson's Bay Co., has filed for creditor protection and intends to restructure the business.
The department store company that dates back to 1670 says it has been facing "significant" pressures including subdued consumer spending, trade tensions between the U.S. and Canada and post-pandemic declines in downtown store traffic.[...]
https://www.cbc.ca/news/busine....ss/hudsons-bay-credi
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