Skip to main content

Featured

Money Moves Every Student Should Master Before Day One

  Starting college or university is exciting — but it’s also the first real test of your financial independence. Building smart money habits early can save you stress (and debt) later. Here’s how to set yourself up for success: Create a realistic budget Track your income (allowance, part‑time job, scholarships) and expenses (rent, food, books, entertainment). Use budgeting apps to keep it simple. Separate needs from wants Essentials like tuition, housing, and groceries come first. Nights out and impulse buys should fit only within leftover funds. Use student discounts From software to public transit, your student ID is a money‑saving tool. Always ask if a discount is available. Limit credit card use Credit can build your score — or bury you in debt. Pay off the balance in full each month to avoid interest. Cook more, order less Meal prepping can cut food costs in half and keep you healthier. Start an emergency fund Even $10 a week adds up. A small cushion ...
Post a Comment
Read more

article

Labels

End of an Era: Hudson's Bay Announces Immediate Liquidation


Hudson's Bay, Canada's oldest company, has announced plans for an immediate liquidation of its entire business. The decision comes after exhaustive efforts to secure financing and avoid a full shutdown proved unsuccessful. The liquidation process is set to begin next week and is expected to conclude by June.

The iconic department store chain, which dates back to 1670, has faced mounting financial challenges, including nearly $1 billion in debt. The closure will impact over 9,000 employees across Hudson's Bay stores, as well as its Saks Fifth Avenue and Saks Off 5th locations.

Despite the bleak outlook, Hudson's Bay remains hopeful that a last-minute solution with key stakeholders, particularly landlords, could prevent the complete shutdown. CEO Liz Rodbell expressed gratitude for the support from customers and associates, emphasizing the company's determination to explore every possible opportunity to save the brand.

This marks a significant moment in Canadian retail history, as the loss of Hudson's Bay would leave a notable gap in the market and in the hearts of many Canadians.


Labels:

Comments

Post a Comment