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Court filings as well as other information associated with Hudson’s Bay Corporation’s CCAA proceedings are going to be available over the Watch’s Internet site at . Info concerning the CCAA method might also be attained by calling the Observe’s hotline at (416) 847-5157 (toll absolutely free), or by email at hudsonsbay@alvarezandmarsal.
Rite Aid Company, among the list of country's greatest pharmacy chains, is planning to close all of its remaining stores as A part of ongoing individual bankruptcy proceedings.
Right after trying to spare them from liquidation, Hudson's Bay is clearing out goods from its 6 remaining areas, including its downtown Toronto flagship store.
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The newest report, submitted with the Ontario Excellent Court docket of Justice, confirms which the 355-year-old organization’s try and uncover new possession — or owners — is relocating right into a significant evaluation stage.
The corporation's prescription and wellness report databases are envisioned to become absorbed by other pharmacy chains, with Rite Assist confirming its intention to finish Those people transitions prior to ultimate store shutdowns.
This extension will give the retailer along with the check to cautiously procedure, review and evaluate the bids for the corporate's leases, Homes and assets, together with its assortment of arts and historical artifacts and mental Homes. The organization has received seventeen bids for dozens of leases.
When the flagship Hudson's Bay store in Toronto opened Friday morning, consumers burst from the doorways with a mission to find something: promotions.
Deep Dive Nordstrom and Macy’s deserted the ‘retail inventory approach’ just after utilizing it for decades. Below’s why. The accounting observe, embraced by liqudiations store department stores while in the nineteen twenties, is out-of-date, skews key metrics and fosters poor choices, analysts say.