newsivl

The oldest retailer in Canada, Hudson’s Baysaid he has applied for the protection of creditors and intends to restructure the company.

The company of department stores which dates back to 1670 said in a statement that it was facing significant pressures, including moderate consumption spending, trade tensions between the United States and Canada and post-paymic cuts in the traffic of center stores.

Get news from weekly money

Get expert information, questions and answers in markets, housing, inflation and personal finances provided to you every Saturday.

The imposing imprint of the company extends over 80 locations of Hudson’s Bay which sell everything, from clothes and household items to cosmetics and furniture.

Thanks to a license agreement, he also has three SAKS FIFTH Avenue and 13 SAK stores on 5th locations in Canada, which will continue to work.

SAKS Global, which has American saks locations as well as the Neiman Marcus and Bergdorf Goodman stores is not connected to the credit protection file.

Hudson’s Bay said he explored several strategic options to strengthen his activities and said that she would not make promises but that he was determined to preserve jobs as far as possible.

The company has spent the last years in a state of deterioration when it closed several stores and carried out several layoff cycles, citing difficult opposite winds.

The oldest retailer in Canada, Hudson’s Baysaid he has applied for the protection of creditors and intends to restructure the company.

The company of department stores which dates back to 1670 said in a statement that it was facing significant pressures, including moderate consumption spending, trade tensions between the United States and Canada and post-paymic cuts in the traffic of center stores.

Get news from weekly money

Get expert information, questions and answers in markets, housing, inflation and personal finances provided to you every Saturday.

The imposing imprint of the company extends over 80 locations of Hudson’s Bay which sell everything, from clothes and household items to cosmetics and furniture.

Thanks to a license agreement, he also has three SAKS FIFTH Avenue and 13 SAK stores on 5th locations in Canada, which will continue to work.

SAKS Global, which has American saks locations as well as the Neiman Marcus and Bergdorf Goodman stores is not connected to the credit protection file.

Hudson’s Bay said he explored several strategic options to strengthen his activities and said that she would not make promises but that he was determined to preserve jobs as far as possible.

The company has spent the last years in a state of deterioration when it closed several stores and carried out several layoff cycles, citing difficult opposite winds.

The oldest retailer in Canada, Hudson’s Baysaid he has applied for the protection of creditors and intends to restructure the company.

The company of department stores which dates back to 1670 said in a statement that it was facing significant pressures, including moderate consumption spending, trade tensions between the United States and Canada and post-paymic cuts in the traffic of center stores.

Get news from weekly money

Get expert information, questions and answers in markets, housing, inflation and personal finances provided to you every Saturday.

The imposing imprint of the company extends over 80 locations of Hudson’s Bay which sell everything, from clothes and household items to cosmetics and furniture.

Thanks to a license agreement, he also has three SAKS FIFTH Avenue and 13 SAK stores on 5th locations in Canada, which will continue to work.

SAKS Global, which has American saks locations as well as the Neiman Marcus and Bergdorf Goodman stores is not connected to the credit protection file.

Hudson’s Bay said he explored several strategic options to strengthen his activities and said that she would not make promises but that he was determined to preserve jobs as far as possible.

The company has spent the last years in a state of deterioration when it closed several stores and carried out several layoff cycles, citing difficult opposite winds.