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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 Prepares for Liquidation Sales Amid Financial Struggles


                                                                    

Hudson's Bay, one of Canada's most iconic retailers, is set to begin liquidation sales as early as Tuesday, following a court hearing on its financial future. The company, which has been grappling with mounting debt and declining sales, filed for creditor protection earlier this month under the Companies' Creditors Arrangement Act (CCAA).

The liquidation process will involve all Hudson's Bay locations across Canada, including its Saks Fifth Avenue and Saks OFF 5TH stores. The sales are expected to continue until mid-June, marking the end of an era for the 350-year-old retailer. During this period, stores will remain open, and all sales will be final.

Hudson's Bay's financial woes have left approximately 9,400 employees facing uncertainty, with the company unable to secure sufficient financing to restructure its operations. Efforts to find a buyer or alternative funding have so far been unsuccessful, leaving liquidation as the most viable option.

This development signals a significant shift in Canada's retail landscape, as Hudson's Bay has long been a cornerstone of the country's shopping experience. Further details on store closures and final sales events are expected in the coming days.

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