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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 Seeks Creditor Protection Amid Financial Challenges


Hudson's Bay, Canada's oldest retailer, has filed for creditor protection under the Companies' Creditors Arrangement Act (CCAA) as it faces significant financial pressures. The company, which dates back to 1670, has been grappling with subdued consumer spending, trade tensions between the U.S. and Canada, and a decline in downtown store traffic post-pandemic.

The retailer operates 80 locations across Canada, offering a wide range of products, including apparel, housewares, and cosmetics. It also manages three Saks Fifth Avenue stores and 13 Saks Off 5th locations through a licensing agreement. However, these operations are not affected by the creditor protection filing.

Hudson's Bay's President and CEO, Liz Rodbell, emphasized that this move is a necessary step to strengthen the company's foundation and ensure its continued presence in Canada's retail landscape. The company is exploring strategic options to preserve jobs and maintain its retail footprint while navigating the restructuring process.


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