Hudson’s Bay secures creditor protection until July end

Tuesday, May 13, 2025, 1:23 pm

In an effort to weather its financial storm, Hudson’s Bay has successfully extended its creditor protection until July 31. This move offers the storied retailer a crucial period to restructure and settle debts amid ongoing fiscal challenges.

financialpost.com / Hudson Bay gets court approval to extend creditor protection to July 31

Gives Canada’s oldest department store more time to pay back what it owes

ledevoir.com / La Baie d’Hudson restera protégée contre ses créanciers jusqu’au 31 juillet

La compagnie a eu l’autorisation de commencer à rembourser ses dettes avec l’argent des ventes de liquisation.

globalnews.ca / Hudson’s Bay creditor protection extended until July 31

An Ontario court has extended Hudson’s Bay’s reprieve from the hundreds of businesses it owes money until the end of July.

permalink / 3 stories from sources in 4 hours ago #finance #law #business #canada

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