Hudson’s bay blankets or other decorated lining goods stored goods, hopefully they would become the elements of the collectors, can be disappointment. On Thursday, Canadian tires will pay $ 30 million to take intellectual property in Hudson’s Bay, as well as four famous motifs, various business names, logo and coat of arms of the vendor coat of arms.
The agreement still needs the approval of the court.
In March, Debit Hudson’s Bay Co. was awarded the creditor and put it on sale. The 355-year-old seller intends to close 80 Bay and 16 Saks brand shops next month. The Canadian tire has more than 1,700 retail locations across the country, founded in 1922.
“Some things are available in Canada and many of the most important HBC brands are welcome. We include a coat of arms of the Iconic HBC brand.” Greg Hicks, the General Manager of Canada Tires and Presidents In a statement.
“It’s great to witness the last days of another big Canadian store, while the circumstances are unhappy, we are proud to take customers by step.”
Although Hudson’s Bay has become a symbol of Canada, the department chain has been owned by Americans since 2006.
The future of non-known seller is not known; He has received 12 offers from its stores 39, according to the court documents.
Settlement sales will last in Hudson’s Bay stores until June 1st.
Trying to save from settlement, Hudson’s Bay is cleaning the goods from the remaining six locations, including the Toronto Downtown Store Store.
2025-05-15 22:23:00
