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Latest News & Analysis
Retail

North America’s Oldest Firm Meets Its End. Some Argue Its Fate Was Avoidable

Hudson’s Bay Co. ULC previously planned to save six of its 96 stores from liquidation — but those six locations, including its flagship store, are now also being wound up.

Retail

North America’s Oldest Firm Meets Its End. Some Argue Its Fate Was Avoidable

Hudson’s Bay Co. ULC previously planned to save six of its 96 stores from liquidation — but those six locations, including its flagship store, are now also being wound up.


Retail

Hudson’s Bay to Begin Liquidating Most Stores on Monday

An Ontario court approved the retailer’s proposal to liquidate most stores while trying to find restructuring solutions with creditors and landlords on Friday.

Retail

Hudson’s Bay to Begin Liquidating Most Stores on Monday

An Ontario court approved the retailer’s proposal to liquidate most stores while trying to find restructuring solutions with creditors and landlords on Friday.


Retail

Making Sense of This Week’s Big Fashion Bankruptcies

News of Forever 21 and Hudson’s Bay facing liquidation this week rang alarm bells for an industry already facing macroeconomic challenges this year. But their failures could have been avoided.

Retail

Making Sense of This Week’s Big Fashion Bankruptcies

News of Forever 21 and Hudson’s Bay facing liquidation this week rang alarm bells for an industry already facing macroeconomic challenges this year. But their failures could have been avoided.


Beauty

Applying Lessons From the Beauty Industry to a Department Store Turnaround

Sophia Hwang-Judiesch, who took the helm of the storied department story in September, is looking to find the sweet spot between leveraging new growth prospects and revamping brick-and-mortar.

Beauty

Applying Lessons From the Beauty Industry to a Department Store Turnaround

Sophia Hwang-Judiesch, who took the helm of the storied department story in September, is looking to find the sweet spot between leveraging new growth prospects and revamping brick-and-mortar.


Retail

Hudson's Bay Company Reportedly Scraps Financing Plan

The owner of Saks Fifth Avenue dropped plans to raise up to $900 million in debt after prospective investors requested a higher interest rate than the company was willing to pay, sources said.

Retail

Hudson's Bay Company Reportedly Scraps Financing Plan

The owner of Saks Fifth Avenue dropped plans to raise up to $900 million in debt after prospective investors requested a higher interest rate than the company was willing to pay, sources said.


Retail

Saks’ Owner Denies Claim It Stripped Assets in Reorganisation

The retailer is responding to a lawsuit from its lenders that called its reorganisation a “corporate shell game.”

Retail

Saks’ Owner Denies Claim It Stripped Assets in Reorganisation

The retailer is responding to a lawsuit from its lenders that called its reorganisation a “corporate shell game.”


Retail

Report: Neiman Marcus to File for Bankruptcy This Week

The retailer will become the first major US department store to succumb to Covid-19's economic fallout, sources say.

Retail

Report: Neiman Marcus to File for Bankruptcy This Week

The retailer will become the first major US department store to succumb to Covid-19's economic fallout, sources say.


Workplace & Talent

Power Moves | Hudson’s Bay Company, Printemps CEOs Depart

This week, the CEO of Saks owner Hudson’s Bay Company steps down, as does the CEO of Printemps.

Workplace & Talent

Power Moves | Hudson’s Bay Company, Printemps CEOs Depart

This week, the CEO of Saks owner Hudson’s Bay Company steps down, as does the CEO of Printemps.


Luxury

Raf and Miuccia Steal the Spotlight from Paris

This week, everyone will be talking about Paris Fashion Week, the bid to take Saks' owner private and a trio of earnings reports by fashion technology companies. Get your BoF Professional Cheat Sheet.

Luxury

Raf and Miuccia Steal the Spotlight from Paris

This week, everyone will be talking about Paris Fashion Week, the bid to take Saks' owner private and a trio of earnings reports by fashion technology companies. Get your BoF Professional Cheat Sheet.


Retail

Can the American Department Store Be Saved?

After a year of dismal sales growth, closures and bankruptcies, the multi-brand retailers still standing continue to face an uphill battle. Where’s the hope?

Retail

Can the American Department Store Be Saved?

After a year of dismal sales growth, closures and bankruptcies, the multi-brand retailers still standing continue to face an uphill battle. Where’s the hope?