Hudson’s Bay Having ‘Good’ Talks With Partners, Awaiting Approval to Liquidate

Hudson’s Bay Having ‘Good’ Talks With Partners, Awaiting Approval to Liquidate
People cycle past the Hudson's Bay department store in downtown Montreal on March 17, 2025. The Canadian Press/Christinne Muschi
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Hudson’s Bay is still waiting to see if it will be granted approval to liquidate stores as the retailer requests more time to work out some of its differences with its myriad of landlords, lenders and other partners.

The department store giant was in court Wednesday, where its lawyers asked for up to two more days to resolve contested issues. During prior hearings, halting rent payments to RioCan Real Estate Investment Trust, which it holds property with through a joint venture, and other vendors were disputed.