Hudson's Bay likely to find lots of buyers for assets like leases, stripes: experts [BNN Bloomberg (Canada)]
Target Corporation (TGT)
Last target corporation earnings: 3/3 06:30 am
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Source: BNN Bloomberg
Canada's oldest company, which is on the brink of failure as it liquidates all but six stores and hunts for a way to stay alive, was scheduled to start seeking buyers for its most prized possessions this week. The search will unfold in two parts: one for leases and another for the retailer's remaining assets. It's not clear from court documents what the non-lease assets are and Hudson's Bay did not immediately respond to a request for comment about the sales process, but experts believe the processes allow for a wide range of offers. They expect the retailer's brands — Stripes, Hudson North, Gluckstein and Zellers — to be for sale. Many agree that the company's most lucrative assets are its leases, which cover gigantic spaces in high-traffic neighbourhoods a
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- 3/4/25 - Beat
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- 3/25/25 - Form 8-K
- 3/21/25 - Form 424B2
- 3/20/25 - Form FWP
- TGT's page on the SEC website