"Financial restructuring"

#12407391

25 May 2025

EDMONTON, CANADA, MAY 24: A customer notice is displayed at the entrance of the Hudson's Bay store at Southgate Centre in Edmonton, Alberta, on May 24, 2025. Hudson's Bay Company (HBC), the oldest corporation in North America founded in 1670 as a fur trading enterprise, began shutting down its iconic department stores after filing for creditor protection in March 2025, with its trademarks and historic coat of arms sold to Canadian Tire in a final step marking the end of an era.

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#12407399

25 May 2025

EDMONTON, CANADA, MAY 24: The Hudson's Bay logo remains at the entrance of its store at Southgate Centre in Edmonton, Alberta, on May 24, 2025. Hudson's Bay Company (HBC), the oldest corporation in North America founded in 1670 as a fur trading enterprise, began shutting down its iconic department stores after filing for creditor protection in March 2025, with its trademarks and historic coat of arms sold to Canadian Tire in a final step marking the end of an era.

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#12407413

25 May 2025

EDMONTON, CANADA, MAY 24: Different mannequins seen inside a nearly empty Hudson's Bay store at Southgate Centre in Edmonton, Alberta, on May 24, 2025. Hudson's Bay Company (HBC), the oldest corporation in North America founded in 1670 as a fur trading enterprise, began shutting down its iconic department stores after filing for creditor protection in March 2025, with its trademarks and historic coat of arms sold to Canadian Tire in a final step marking the end of an era.

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#12407378

25 May 2025

EDMONTON, CANADA, MAY 24: Mannequin torso, legs and full body mannequins seen inside a nearly empty Hudson's Bay store at Southgate Centre in Edmonton, Alberta, on May 24, 2025. Hudson's Bay Company (HBC), the oldest corporation in North America founded in 1670 as a fur trading enterprise, began shutting down its iconic department stores after filing for creditor protection in March 2025, with its trademarks and historic coat of arms sold to Canadian Tire in a final step marking the end of an era.

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#12407375

25 May 2025

EDMONTON, CANADA, MAY 24: Full body mannequins for sale line up inside a nearly empty Hudson's Bay store at Southgate Centre in Edmonton, Alberta, on May 24, 2025. Hudson's Bay Company (HBC), the oldest corporation in North America founded in 1670 as a fur trading enterprise, began shutting down its iconic department stores after filing for creditor protection in March 2025, with its trademarks and historic coat of arms sold to Canadian Tire in a final step marking the end of an era.

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#12292347

22 April 2025

The former GALERIA Kaufhof department store on Neupfarrplatz is permanently closed, with farewell signs on the facade in Regensburg, Upper Palatinate, Bavaria, Germany, on April 19, 2025. The closure is part of the nationwide collapse of the Signa Group, led by Austrian investor Rene Benko, whose real estate and retail empire files for bankruptcy at the end of 2023, leading to widespread closures across Germany.

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#12292348

22 April 2025

The former GALERIA Kaufhof department store on Neupfarrplatz is permanently closed, with farewell signs on the facade in Regensburg, Upper Palatinate, Bavaria, Germany, on April 19, 2025. The closure is part of the nationwide collapse of the Signa Group, led by Austrian investor Rene Benko, whose real estate and retail empire files for bankruptcy at the end of 2023, leading to widespread closures across Germany.

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#12292349

22 April 2025

The former GALERIA Kaufhof department store on Neupfarrplatz is permanently closed, with farewell signs on the facade in Regensburg, Upper Palatinate, Bavaria, Germany, on April 19, 2025. The closure is part of the nationwide collapse of the Signa Group, led by Austrian investor Rene Benko, whose real estate and retail empire files for bankruptcy at the end of 2023, leading to widespread closures across Germany.

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#12292350

22 April 2025

The former GALERIA Kaufhof department store on Neupfarrplatz is permanently closed, with farewell signs on the facade in Regensburg, Upper Palatinate, Bavaria, Germany, on April 19, 2025. The closure is part of the nationwide collapse of the Signa Group, led by Austrian investor Rene Benko, whose real estate and retail empire files for bankruptcy at the end of 2023, leading to widespread closures across Germany.

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#12272007

17 April 2025

The UniCredit Tower, headquarters of UniCredit Group, stands under a clear blue sky in Milan, Lombardy, Italy, on May 27, 2023. The skyscraper is the tallest in Italy and serves as a symbol of modern finance and architecture in the Porta Nuova business district.

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#12173185

19 March 2025

EDMONTON, CANADA - MARCH 18: An area with blankets inside The Hudson's Bay store at Southgate Centre in Edmonton, Alberta, Canada, is seen on March 16, 2025. On March 14, 2025, Hudson's Bay announced plans to liquidate and close all 80 of its stores, along with three Saks Fifth Avenue and 13 Saks Off 5th locations across Canada, totaling 96 closures, if financing is not secured. Liquidation sales are set to start the following week, with closures expected by June 2025.

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#12173186

19 March 2025

EDMONTON, CANADA - MARCH 18: Inside The Hudson's Bay store at Southgate Centre in Edmonton, Alberta, Canada, is seen on March 16, 2025. On March 14, 2025, Hudson's Bay announced plans to liquidate and close all 80 of its stores, along with three Saks Fifth Avenue and 13 Saks Off 5th locations across Canada, totaling 96 closures, if financing is not secured. Liquidation sales are set to start the following week, with closures expected by June 2025.

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#12173187

19 March 2025

EDMONTON, CANADA - MARCH 18: Inside The Hudson's Bay store at Southgate Centre in Edmonton, Alberta, Canada, is seen on March 16, 2025. On March 14, 2025, Hudson's Bay announced plans to liquidate and close all 80 of its stores, along with three Saks Fifth Avenue and 13 Saks Off 5th locations across Canada, totaling 96 closures, if financing is not secured. Liquidation sales are set to start the following week, with closures expected by June 2025.

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#12173188

19 March 2025

EDMONTON, CANADA - MARCH 18: Entrance to The Hudson's Bay store at Southgate Centre in Edmonton, Alberta, Canada, is seen on March 16, 2025. On March 14, 2025, Hudson's Bay announced plans to liquidate and close all 80 of its stores, along with three Saks Fifth Avenue and 13 Saks Off 5th locations across Canada, totaling 96 closures, if financing is not secured. Liquidation sales are set to start the following week, with closures expected by June 2025.

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#12173189

19 March 2025

EDMONTON, CANADA - MARCH 18: A HB paper bag inside The Hudson's Bay store at Southgate Centre in Edmonton, Alberta, Canada, is seen on March 16, 2025. On March 14, 2025, Hudson's Bay announced plans to liquidate and close all 80 of its stores, along with three Saks Fifth Avenue and 13 Saks Off 5th locations across Canada, totaling 96 closures, if financing is not secured. Liquidation sales are set to start the following week, with closures expected by June 2025.

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#12173202

19 March 2025

EDMONTON, CANADA - MARCH 18: Entrance to The Hudson's Bay store at Southgate Centre in Edmonton, Alberta, Canada, is seen on March 16, 2025. On March 14, 2025, Hudson's Bay announced plans to liquidate and close all 80 of its stores, along with three Saks Fifth Avenue and 13 Saks Off 5th locations across Canada, totaling 96 closures, if financing is not secured. Liquidation sales are set to start the following week, with closures expected by June 2025.

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