One of Hudson’s Bay’s lenders says it’s willing to back changes to a restructuring agreement that would give the retailer more time to find a way to save six six stores it has so far spared from liquidation.
A lawyer for Restore Capital LLC says his client is open to revising a deadline that would force the ailing department store to start liquidating its six surviving stores on April 8, if it hasn’t found a likely transaction to give it a way forward by the day before.
