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Placeline/People
State Province Ontario
Country Canada

Sources say Canadian Tire bidding on HBC assets

Two sources familiar with the sales process say beleaguered retailer Hudson's Bay has attracted a bid from Canadian Tire's for some of HBC's intellectual property. After filing for creditor protection earlier this year, HBC began liquidating its 80 Bay stores and 16 it ran under the Saks brands, while it hunted for buyers or investors who would keep the company alive. (May 1, 2025) 
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Source name: 
The Canadian Press
Unique identifier: CP174498198 
Legacy Identifier: b_Hudsons-Bay-CCAA-Bidders20250501T1605 
Type: Video 
Duration: 2m27s 
Dimensions: 1920px × 1080px     171.92 MB 
Usage rights: FOR ONE TIME USE ONLY. NO STORAGE FOR FUTURE USE. 
Create Date: 5/1/2025 4:05:00 PM 
Display aspect ratio: 16:9 
Tags
Canada
canada government
Canadian Tire
hbc
Hudson’s Bay
liquidation
Tara Deschamps
toronto