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Your daily horoscope: May 9, 2025

  IF TODAY IS YOUR BIRTHDAY A change of direction is a must this year as you have reached the end of your current journey and need a new challenge. Make a break with the past and make it one that cannot be reversed. Move forward fast and don’t look back. ARIES (March 21 - April 20): Someone you meet on your travels will catch your eye and maybe your heart as well. If it’s true that opposites attract you could find yourself getting close to someone whose charms are very different to your own – and remarkably the relationship will work. TAURUS (April 21 - May 21): Someone you think of as a friend will say something today that annoys you intensely. It may be the case though that they can see things that you cannot, so be open to what they tell you. They could be doing you a very big favor. GEMINI (May 22 - June 21): If you listen too much to other people’s advice today you could end up facing in several directions at once and ultimately getting nowhere. Pay attention to what friends a...

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Hudson’s Bay: A Legacy on the Brink

Hudson’s Bay, Canada’s oldest retailer and a symbol of the nation’s commercial history, is reportedly preparing to file for bankruptcy. Founded in 1670, the iconic department store chain has faced mounting financial challenges in recent years, exacerbated by shifting market conditions and operational difficulties.

The company, which operates over 80 stores across Canada, has struggled to secure financing and has reportedly delayed payments to suppliers. Despite efforts to cut costs through layoffs and asset sales, these measures have not been sufficient to stabilize its financial position.

In recent years, Hudson’s Bay has faced additional hurdles, including maintenance issues at several locations and the closure of its historic Toronto store. The company’s separation into a standalone entity in late 2024, following a major transaction involving Saks Fifth Avenue and Neiman Marcus, has not alleviated its financial woes.

As the retailer nears a potential bankruptcy filing, the future of its stores and employees remains uncertain. Hudson’s Bay’s struggles highlight the challenges faced by traditional department stores in an evolving retail landscape.

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