Canada’s Oldest Company, Hudson’s Bay, Tries to Avoid Full Liquidation

Amid changing shopping habits, brick-and-mortar stores have struggled to compete with e-commerce businesses. HBC told a Toronto courtroom on Monday that the Covid-19 pandemic hurt the company’s sales and it has since been unable to fully recover sales.

Mar 18, 2025 - 16:18
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Canada’s Oldest Company, Hudson’s Bay, Tries to Avoid Full Liquidation
Amid changing shopping habits, brick-and-mortar stores have struggled to compete with e-commerce businesses. HBC told a Toronto courtroom on Monday that the Covid-19 pandemic hurt the company’s sales and it has since been unable to fully recover sales.