Tag #Hudson's Bay

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theglobeandmail.com
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US Drug Tariff Investigation Threatens Canadian Pharmaceutical Exports

The Trump administration is investigating pharmaceutical imports, potentially impacting \$7 billion in Canadian exports; the Bank of Canada held interest rates steady due to trade war uncertainty; and Canadian restaurants are booming as Canadians avoid U.S. travel.

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44% Bias Score

No Poverty
theglobeandmail.com
🌐 75% Global Worthiness
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Hudson's Bay Co. Sale Process Attracts Multiple Bidders

Facing $1.1 billion in debt and a 33 percent sales drop, Hudson's Bay Co. is undergoing a court-supervised sale process with final bids due April 30th, attracting at least four potential buyers interested in its assets, including retail operations, real estate, and intellectual property.

Progress

32% Bias Score

Decent Work and Economic Growth
theglobeandmail.com
🌐 75% Global Worthiness
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Winnipeg Hudson's Bay Redevelopment Cost Doubles to $310 Million

A First Nations-led project to redevelop Winnipeg's historic Hudson's Bay Co. building has doubled in cost to $310 million due to inflation, supply chain issues, and heritage upgrades; the project, initially planned to include a health center and assisted living, will now feature 373 housing units, ...

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40% Bias Score

Reduced Inequality
theglobeandmail.com
🌐 85% Global Worthiness
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Hudson's Bay Co. Faces Liquidation After Real Estate-Focused Strategy

Richard Baker's 17-year tenure as governor of Hudson's Bay Co. prioritized real estate deals over retail, generating billions but leaving the company facing liquidation due to declining sales and alienated landlords; 9,000 jobs are at risk.

Progress

48% Bias Score

Decent Work and Economic Growth
theglobeandmail.com
🌐 85% Global Worthiness
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Hudson's Bay Employee Benefits at Risk Amidst Liquidation

Hudson's Bay Co. employees on long-term disability, under an uninsured plan, risk losing benefits as the retailer liquidates; over 250 employees are seeking legal representation due to this high-stakes issue.

Progress

48% Bias Score

Decent Work and Economic Growth
theglobeandmail.com
🌐 85% Global Worthiness
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Hudson's Bay to Liquidate Most Stores, Thousands of Jobs at Risk

Hudson's Bay Company, facing financial difficulties, is liquidating most of its stores in Canada, beginning Monday and concluding by mid-June, potentially resulting in over 9,300 job losses and over \$100 million in delayed or absent severance payments for employees.

Progress

48% Bias Score

Decent Work and Economic Growth
dailymail.co.uk
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Hudson's Bay to Liquidate All Canadian Stores Amidst Trade Tensions and Economic Downturn

Hudson's Bay, a 354-year-old Canadian retailer, is liquidating all 80 of its stores and 15 Saks locations in Canada due to sluggish consumer spending, post-pandemic challenges, and trade tensions with the U.S., resulting in 9,364 job losses and over $950 million in debt to suppliers.

Progress

40% Bias Score

Decent Work and Economic Growth
theglobeandmail.com
🌐 65% Global Worthiness
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Hudson's Bay Restructuring: Gift Cards Active, Loyalty Points Suspended

Hudson's Bay, facing financial crisis and court-ordered restructuring, has temporarily suspended its loyalty program impacting $58.6 million in points; however, its $24.3 million in gift cards remain active.

Progress

40% Bias Score

Decent Work and Economic Growth

Showing 13 to 20 of 20 results