Susan Krashinsky Robertson

Hudson’s Bay is asking the court to appoint new legal counsel for its employees as it prepares for more job cuts in the coming weeks, and is also in talks w/ its lenders to create a “hardship fund” for those facing financial strain as benefits are cut off https://t.co/gOW5dnutbf

Hudson’s Bay Co. has confirmed previous reporting by The Globe, announcing it intends to auction off historically significant artifacts it still owns, including its 1670 charter that played a pivotal role in the history of Canada. https://t.co/Mpjuirx8fz

Mountain Equipment Co. may have found a buyer for its struggling retail operations, a competition review suggests, after a months-long search for investment to prop up the business. https://t.co/14eSaTFQPO #retail

A law firm representing Hudson’s Bay employees is raising the alarm about long-term disability payments, which are paid out of the company’s cash and are uninsured, leaving people at risk of losing their benefits as the retailer liquidates its operations https://t.co/JXwCp2Vz7o

Canada’s federal competition watchdog is investigating Express Scripts, a large player in managing insurance claims at drugstores, and that also operates mail-order pharmacies, after a pharmacists’ group accused the company of anti-competitive practices. https://t.co/Mo6ZnnzM1t

A document describing "insider protocol" has been distributed to people involved in the Hudson’s Bay sale process, suggesting a member of the retailer’s management or other insider may be considering a bid for part of the Bay’s operations, assets or leases https://t.co/UZ3lDkOHcj

Multiple parties have expressed interest in the sale process for Hudson’s Bay, sources say. Outside bidders have until the end of the month to decide whether they will actually submit a proposal to acquire part of the business or its assets. https://t.co/uG0467DnIo #retail

As Hudson’s Bay seeks a plan to salvage part of its business, Canada’s oldest retailer is also considering the future of its collection of art and artifacts – including its original 1670 royal charter that played a pivotal role in the country’s history. https://t.co/K2WFW8LtJX

RT @globeandmail: Dollarama to accelerate new store openings in Canada, boosts dividend https://t.co/gtiLLwYus8 https://t.co/qvFT580fC8

Exclusive: Hudson's Bay sales fell by nearly 33% last year to $1.1B, according to a confidential memo. The retailer is proposing a restructuring plan for 6 stores that would require a buyer/investor to put $82M into the operations in the first year https://t.co/LD2N15poiq #retail

Why aren't the likes of Chanel part of the Hudson's Bay liquidation? Luxury brands are fiercely protective of their image – and their full-price position. When department stores go under, many big names head for the exits. https://t.co/8rZbgKyOZl #retail

Breaking news: A proposed agreement to give Hudson’s Bay’s senior lenders control over the retailer’s restructuring has been denied by the court – introducing the possibility those lenders will attempt to push the company into receivership. https://t.co/gKqSWqL0Lq #retail

BREAKING: Hudson’s Bay Co. has terminated the jobs of nearly 200 corporate employees – the first in what is expected to be a wave of job losses as the retailer liquidates the majority of its stores. https://t.co/vyQf8eTm0p #retail

Landlords for Hudson's Bay have urged the court not to approve an agreement that they say would give the retailer's senior lenders too much control over the restructuring process, and would reduce HBC's chances of coming up with a plan for its future. https://t.co/TojM8fdqbj

Hudson’s Bay is seeking approval for an agreement with its senior lenders that would place a time limit on saving 6 stores left out of liquidation for now. But others oppose the deal, saying it gives the lenders too much control over HBC's future https://t.co/U1enlOjFdf #retail