Hudson’s Bay heads to court over Canadian Tire deal
Tuesday, June 3, 2025, 7:21 am
Hudson’s Bay is back in the courtroom seeking judicial approval for its deal with Canadian Tire over valuable intellectual property rights. The legal pursuit adds another twist to the saga of Canadian retail consolidation, leaving industry watchers both bemused and intrigued by this high-stakes corporate chess match.
On Tuesday, Hudson's Bay Co. got court approval to sell its intellectual property, including its iconic multicoloured stripes motif, to Canadian Tire for $30 million.
Si l’entente est approuvée, Canadian Tire pourra acquérir le nom, les armoiries et les rayures emblématiques de La Baie.
If the deal gets the OK from Ontario’s Superior Court, Canadian Tire will be able to buy the rights to Hudson's Bay's intellectual property.
TORONTO — Hudson’s Bay is expected to return to court Tuesday morning to seek approval for a $30-million deal it signed with Canadian Tire Corp. Ltd. If the deal gets the OK from Ontario’s Superior Court, Canadian Tire will be able to buy the rights to Hudson’s Bay’s intellectual property, which…
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