Latest news with #storeleases

CTV News
25-05-2025
- Business
- CTV News
Can the sale of 28 store leases make Hudson's Bay more viable?
Watch Retail expert Bruce Winder provides his insight on Hudson's Bay to sell 28 store leases to B.C. mall owner.


CBC
24-05-2025
- Business
- CBC
Billionaire mall owner looks to buy up to 28 Hudson's Bay leases
Hudson's Bay plans to sell up to 28 of its store leases to Ruby Liu, a B.C. mall owner and billionaire, if the deal is approved by the court. Liu showed a logo for the department store she wants to run at the locations, which features 'Liu' on a ruby with the words 'New Bay' underneath.


National Post
24-05-2025
- Business
- National Post
Hudson's Bay reaches deal to sell up to 28 leases to B.C. mall owner
Hudson's Bay says it plans to sell up to 28 of its store leases to a B.C. mall owner who wants to launch 'a new modern department store.' Article content Article content Canada's oldest company says it will seek court permission for Ruby Liu to take over some properties the department store and its sister Saks businesses leased in Alberta, B.C. and Ontario. Article content The company did not say what amount Liu has offered for the properties nor which locations/addresses she wants. Article content Article content The 28 leases make up a significant portion of the 96 sites Hudson's Bay and Saks hold in some of the country's most desirable and high-traffic shopping districts. Article content Article content


CTV News
24-05-2025
- Business
- CTV News
Billionaire B.C. mall owner to buy Bay store leases
Vancouver Watch Hudson's Bay plans to sell up to 28 of its store leases to B.C. billionaire mall owner Weihong Liu.