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Hudson's Bay Sells Leases for Six Store Locations Amid Creditor Protection Proceedings.
ByAinvest
Saturday, Jul 26, 2025 4:29 am ET1min read
Hudson's Bay has reached deals to sell the leases of six store locations to YM Inc. and Ivanhoe Realties Inc. for $5.03 million and $20,000, respectively. The company had previously filed for creditor protection and closed its 80 stores and 16 under its sister Saks banners. Hudson's Bay is seeking to maximize returns to stakeholders, including selling up to 28 leases to B.C. billionaire Ruby Liu.
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