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Your daily horoscope: February 2, 2026

  IF TODAY IS YOUR BIRTHDAY You can sense that changes are coming and that means you will be ready for them. While everyone else is running around in a panic this year you will be the picture of calm, making you well placed to take advantage of what occurs. ARIES (March 21 - April 20): Something you once believed without question won’t look so cut and dried today and you may have to consider the possibility that you got it seriously wrong. But so what? You are human like everyone else – and it’s really no big deal. TAURUS (April 21 - May 21): If someone refuses to give you what you want today you will, of course, be angry about it. But further down the line you may look back and recognize they made that decision for your own good. For now though, let them know you are not amused. GEMINI (May 22 - June 21): Make an effort to stand outside yourself and see what effect your choices and your actions have on other people. You probably don’t realize that what you do, and even what you sa...
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The End of an Era: Hudson’s Bay Co. Faces Liquidation

Hudson’s Bay Company, a cornerstone of Canadian retail history, is on the brink of closure after 355 years of operation. The company, which began as a fur trading enterprise in 1670, evolved into a retail giant with department stores across Canada. However, financial struggles, including nearly $1 billion in debt, have forced the company to file for creditor protection under the Companies' Creditors Arrangement Act (CCAA).

Despite efforts to restructure and secure financing, Hudson’s Bay announced plans for a full liquidation of its business. This process, expected to conclude by June 2025, will result in the closure of all 88 Hudson’s Bay stores, along with its Saks Fifth Avenue and Saks Off 5th locations in Canada. The liquidation marks a significant loss for the Canadian retail landscape, impacting over 9,000 employees and leaving major shopping malls with vacant anchor spaces.

The company cited subdued consumer spending, post-pandemic shifts in shopping habits, and trade tensions as contributing factors to its financial decline. While Hudson’s Bay’s legacy as Canada’s oldest company will endure, its closure signals the end of an era for traditional department stores in the country.

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