As deadlines near for Hudson’s Bay and its leases, there are glimmers of hope
30-04-2025 10:01 via fraservalleytoday.ca

As deadlines near for Hudson’s Bay and its leases, there are glimmers of hope

TORONTO — The clock is ticking down on two deadlines that may determine the fate of Hudson’s Bay.
Anyone interested in buying Canada’s oldest company or assets like the rights to its iconic Stripes brand has until Wednesday at 5 p.m. to submit binding proposals. Those wanting to take on leases held by the 355-year-old department store chain or its sister Saks businesses must make binding bids by Thursday.
Both processes began after Hudson’s Bay filed for creditor protecti
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