The retailer Hudson’s Bay, Canada’s oldest continuously operating company, is winding down its six remaining namesake stores plus a Saks Fifth Avenue that were not included in its liquidation plans. Retail Dive reports the company declared that “a viable bid for the...
The CFPB’s about-face, an iconic retail chain’s downfall and the rescue of a derelict Frank Lloyd Wright home. From the wild and wooly world of real estate, here are our Hits and Misses for the week of March 24-28. Hit: An Unprecedented Oops. Once upon a time,...
The retailer Hudson’s Bay, Canada’s oldest continuously operating company, has begun liquidating nearly all of its stores. According to combined media reports, the company – which dates to 1670 – filed for creditor protection earlier this month. It owes $950 million...