Hudson's Bay is currently seeking buyers and has attracted interest from Canadian Tire, which has reportedly bid for part of the retailer's intellectual property during a creditor protection process. As Hudson's Bay liquidates most of its 80 locations and navigates potential sales, other bidders like Urbana Corp. and billionaire Weihong Liu have also expressed interest in the company, which retains valuable brands and assets. The deadline for formal bids has already passed as the 355-year-old retailer contemplates its future amidst significant financial turmoil.
Hudson's Bay, struggling to survive, has attracted bids, including one from Canadian Tire for its intellectual property as it undergoes creditor protection.
Canadian Tire has made a bid for Hudson's Bay's intellectual property, with interest from other parties, as Hudson's Bay seeks buyers amid significant financial struggles.
Collection
[
|
...
]