Susan Krashinsky Robertson

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

"Everybody is worried." Hudson's Bay employees are working harder than usual as traffic has spiked with news of the stores' liquidation -- all while they fear for the likely thousands of layoffs to come. https://t.co/iBVWJYl3q3 #retail

The liquidation of most Hudson's Bay stores has now been approved by the court.

Susan Krashinsky Robertson @susinsky

The stores exempted from the Hudson's Bay liquidation sale, for now: -flagship at Queen and Yonge in Toronto -downtown Montreal -Yorkdale mall, Toronto -Hillcrest Mall in Richmond Hill, Ont. -Carrefour Laval in Laval, Que. -Pointe-Claire, Que.

The stores exempted from the Hudson's Bay liquidation sale, for now: -flagship at Queen and Yonge in Toronto -downtown Montreal -Yorkdale mall, Toronto -Hillcrest Mall in Richmond Hill, Ont. -Carrefour Laval in Laval, Que. -Pointe-Claire, Que.

Susan Krashinsky Robertson @susinsky

In court right now, Hudson’s Bay Co. is seeking approval to begin liquidation of all but six of its locations across Canada, starting on Monday, though the retailer is still hoping to save some of its stores. https://t.co/tUeXu1eJX0 #retail

In court right now, Hudson’s Bay Co. is seeking approval to begin liquidation of all but six of its locations across Canada, starting on Monday, though the retailer is still hoping to save some of its stores. https://t.co/tUeXu1eJX0 #retail

The Bay goes back to court this morning, where we will hear what's next for the company. Meanwhile, its vendors and suppliers -- including many small Canadian businesses -- are left in limbo. https://t.co/07hpDnfXRF #retail

Liquidation sales are still on hold at Hudson’s Bay, for now: https://t.co/2uVtmiRHpm #retail

Susan Krashinsky Robertson @susinsky

Hudson’s Bay is heading back to court this afternoon to provide an update on the next steps for the faltering retailer, as it continues discussions with its landlords and lenders. https://t.co/2uVtmiSfeU #retail

Hudson’s Bay is heading back to court this afternoon to provide an update on the next steps for the faltering retailer, as it continues discussions with its landlords and lenders. https://t.co/2uVtmiSfeU #retail

One of Canada’s largest real estate investment trusts, RioCan, says it is ready to make use of vacant space if Hudson’s Bay Co. stores are liquidated, but calls the retailer’s creditor-protection filing “disappointing.” https://t.co/c3BQowMipn #retail

Who could save Hudson's Bay? And just how did the retailer end up on the brink of liquidation? I joined @mattgallowaycbc this morning to talk about the symbolic importance of The Bay, and what happens next: https://t.co/T8EaB0zIdP #retail

In court this morning as Hudson's Bay seeks approval to begin liquidating stores. My feature story from this weekend on how we got here: https://t.co/QfoizOk4pP #retail