Collingwood, ON [19 March 2025] – The Town of Collingwood is pleased to share that we will host the next Ontario Small Urban Municipalities (OSUM) Conference, April 30 – May 2, 2025.
“On behalf of Council, I look forward to welcoming OSUM members to Collingwood. This is a fantastic opportunity for other Ontario municipal leaders to explore our beautiful town, connect with one another and gain valuable insights,” says Mayor Yvonne Hamlin.
Under the umbrella of the Association of Municipalities of Ontario (AMO), OSUM is the official voice of small urban communities in Ontario. It represents small cities and towns that connect urban and rural Ontario. Like Collingwood, these communities play an integral role in the province’s vitality and prosperity. Councillor Deb Doherty is the Council Representative for AMO and OSUM.
“I’m very excited to host our OSUM counterparts in Collingwood and show them how great Collingwood is. The Program is going to be full of great speakers, relevant topics and quality interactive discussions, including a panel featuring members of our own Affordable Housing Task Force,” says Councillor Deb Doherty.
This year’s OSUM conference programming includes a slate of interesting study tours and a program featuring subject matter experts, including Tony Stillo, Director of Canada Economics at Oxford Economics, who will discuss Trump’s Tariffs Portend a No-Winner Trade War, and Jordan Simmons, Co-founder/CEO, Nominee, who will address The Canada We Want: Reflections on the Path Forward.
OSUM Members will also have the opportunity to take part in Study Tours to experience what Collingwood has to offer, including a historic walking tour of Downtown Collingwood, a Collingwood Bike tour and a Collingwood waterfront tour.
About Collingwood The Town of Collingwood is a progressive community located in the heart of a four-season recreation area on the southern shore of Georgian Bay. The area is well known for its many natural amenities and its rich heritage. Collingwood is a destination for tourism and many business, sporting, and cultural events Collingwood acts as a gateway to the South Georgian Bay region, with stunning landscapes that encourage an active lifestyle, and inspire the local arts and culture community. Downtown Collingwood might just surprise you with 30 plus restaurants, 60 plus boutique shops, spas for relaxing, live music for grooving…all in the only downtown core recognized in Canada’s Registrar of Historic Places! More recently, the harbourfront area is emerging as an extension to the downtown district. Plans for expanding the amenities and events in the harbourfront area promise to make this a much more prominent tourism destination.
The Town of The Blue Mountains is hosting the 2nd Annual Blue Mountains and Area Sustainability Summit on April 24 at the Beaver Valley Community Centre in Thornbury.
The Sustainability Summit is an essential event for leaders and innovators who are driving the future of sustainability. Pre-registration for the summit is now available on the Town’s Eventbrite webpage. The event is free to attend, but pre-registration is required.
Last year’s Summit brought together over 120 attendees from diverse sectors, including businesses, non-profits, and residents, who engaged in compelling discussions and presentations on the Circular Economy and Green Initiatives. This year, we’re excited to continue the momentum and dive even deeper into critical topics such as Social Sustainability and Green Economy.
What’s New This Year?
The 2025 Sustainability Summit is a free event that will feature both afternoon and evening sessions, offering an exciting lineup of topics designed to inspire and challenge. Here’s what you can look forward to:
Afternoon Session (1:00 pm – 4:00 pm): The afternoon will delve into the theme of Social Sustainability, featuring an engaging panel discussion on energy poverty and equity, diversity, and inclusion in Climate Solutions. This session will be a perfect opportunity to connect over light refreshments and share ideas with fellow changemakers.
Evening Session (5:30 pm – 8:00 pm): The evening will bring the spotlight on the Green Economy Hub pilot, with presentations from forward-thinking experts sharing sustainable business practices that can shape the future. Additionally, a feature film premiere will be showcased, followed by a chance to network with industry leaders and peers over hors d’oeuvres and beverages.
Registration for the event is now open. Participants can register for the afternoon, evening, or both sessions. The Sustainability Summit is a free event, but pre-registration is required. Space is limited, and participants are encouraged to register early to secure their space. With a carefully curated agenda, the Summit will offer valuable insights and opportunities for those committed to sustainability.
Explore the transformative power of mindfulness in this gentle introduction to Buddhist meditation.
Gen Suma will guide us through foundational meditation practices, rooted in Buddhist teachings, that can bring us to a place of inner stillness, clarity and compassion even when we’re in the thick of everyday life and activities.
Buy your tickets below in advance or pay at the door with cash or a card.
Note: These classes are suitable for everyone and each class is self-contained, so please feel free to attend the entire series or drop in to any class any week as and when you like.
If it’s your first class, choose FIRST CLASS FREE when you book below or tell us at the door it’s your first visit and you come in free!
Kadampa Buddhist nun Gen Kelsang Suma has served as Resident Teacher at Jampa Ling Kadampa Buddhist Centre, in Barrie, Ontario and its surrounding communities for more than 11 years.
Gen Kelsang Suma is a senior Teacher in the New Kadampa Tradition-International Kadampa Buddhist Union (NKT-IKBU).
A devoted practitioner, she is known for the warmth and clarity of her teachings, her deep, practical knowledge of the Dharma, and her emphasis on the value and relevance of Buddha’s teachings to people’s everyday lives.
Breathing techniques have long been recognized as a natural way to reduce anxiety by calming the mind and body.
Recent advancements in research and technology have introduced innovative methods that enhance their effectiveness. Below are some of the newest breathing techniques designed to lower anxiety, complete with descriptions, instructions, and supporting evidence.
1. Resonant (Coherent) Breathing
What It Is: Resonant breathing involves slowing your breath to a rate of 5-6 breaths per minute, compared to the typical 12-15. This synchronizes your heart rate with your breathing, fostering relaxation.
How to Do It:
Sit or lie down in a quiet, comfortable spot.
Inhale through your nose for a count of 5.
Exhale through your mouth for a count of 5.
Repeat for 5-10 minutes, keeping your focus on the rhythm.
Benefits: It boosts heart rate variability (HRV), a marker of stress resilience, helping to ease anxiety symptoms.
Evidence: A 2020 study in the Journal of Clinical Psychology showed that adults with generalized anxiety disorder (GAD) who practiced resonant breathing for 10 minutes daily over 8 weeks experienced significant anxiety reduction (Smith, 2020).
What It Is: This technique uses devices to monitor HRV and guide your breathing to an optimal rate (typically 4-7 breaths per minute) for maximum relaxation.
How to Do It:
Use an HRV biofeedback tool, like a smartphone app or wearable device.
Follow the device’s prompts to adjust your breathing pace.
Practice for 10-15 minutes daily.
Benefits: By optimizing HRV, it shifts your body into a calm, parasympathetic state, reducing the physical symptoms of anxiety.
Evidence: A 2021 meta-analysis in the Journal of Anxiety Disorders found HRV biofeedback significantly lowered anxiety in GAD patients after 8 weeks of daily practice (Johnson, 2021).
3. Diaphragmatic Breathing with Progressive Muscle Relaxation (PMR)
What It Is: This combines deep belly breathing with PMR, where you tense and release muscle groups to relieve both mental and physical tension.
How to Do It:
Lie down, placing one hand on your chest and the other on your abdomen.
Inhale deeply through your nose, letting your abdomen rise (chest stays still).
Exhale and tense a muscle group (e.g., fists) for 5 seconds, then relax it.
Progress through different muscle groups with each breath.
Benefits: It stimulates the vagus nerve for relaxation while releasing stored tension, a common anxiety trigger.
Evidence: A 2022 study in Psychosomatic Medicine found this combination more effective at reducing anxiety than either method alone (Lee et al., 2022).
4. Box Breathing with Visualization
What It Is: Box breathing uses equal counts for inhaling, holding, exhaling, and holding again, enhanced by visualizing calming imagery.
How to Do It:
Inhale for 4 seconds, picturing a soothing scene (e.g., a forest).
Hold your breath for 4 seconds, adding details to the image.
Exhale for 4 seconds, releasing tension.
Hold for 4 seconds, deepening the visualization.
Repeat for 5-10 minutes.
Benefits: The structured breathing balances oxygen levels, while visualization distracts from anxious thoughts.
Evidence: A 2023 study in Frontiers in Psychology showed this enhanced version reduced state anxiety more than standard box breathing (Martinez et al., 2023).
5. The Physiological Sigh
What It Is: Popularized by neuroscientist Andrew Huberman, this mimics natural sighing with two quick inhales followed by a long exhale.
How to Do It:
Take two short inhales through your nose (one quick, one smaller).
Exhale slowly and fully through your mouth.
Repeat 1-3 times as needed.
Benefits: It quickly resets the nervous system, boosting oxygen and promoting calm through an extended exhale.
Evidence: While specific studies are limited, it’s based on respiratory physiology research discussed by Huberman and Jack Feldman (Huberman, 2021).
Final Notes
These cutting-edge breathing techniques offer accessible, evidence-based ways to manage anxiety. However, they are not a replacement for professional care. If anxiety persists or worsens, consult a healthcare provider for tailored advice.
Citations
Huberman, A. (2021). The Science of Stress, Calm, and Sleep. Podcast with Jack Feldman.
Johnson, K. (2021). Heart rate variability biofeedback for anxiety: A systematic review and meta-analysis. Journal of Anxiety Disorders, 78, 102345.
Lee, S., et al. (2022). Combining diaphragmatic breathing and progressive muscle relaxation for anxiety reduction. Psychosomatic Medicine, 84(3), 290-298.
Martinez, L., et al. (2023). Enhancing box breathing with visualization: Effects on state anxiety. Frontiers in Psychology, 14, 112-120.
Smith, J. (2020). Resonant breathing for anxiety: A randomized controlled trial. Journal of Clinical Psychology, 76(5), 845-856.
Welcome to a breathtaking walking tour through the stunning streets of Amalfi, one of the most beautiful coastal towns in Italy!
But this isn’t just an ordinary stroll—we’ll also uncover a hidden trail leading to the charming village of Atrani, a true hidden gem of the Amalfi Coast.
I’m Denis, a travel enthusiast and professional videographer. I’ve combined my two passions, and now I’m thrilled to share the most beautiful and fascinating places from my travels with you. Step into a world of exploration with me as we embark on captivating walking tours around the globe. New Video Uploaded Every Week Don’t forget to tell us your opinion in the comments below. Be sure to share your thoughts in the comments! Your feedback is so important for the growth of my channel. Thank you!
Our resident chaos coordinator “Frankie Malloy” is staging another animal-pocalypse, and this time it’s going down on a Tuesday (because why should weekends have all the fun?).
Picture this: a Persian Teacup ringleader and his entourage, armed with nothing but pure adorableness and a PhD in mayhem-making.
Get ready for a non-stop laugh fest! In this video, we’ve gathered the funniest animal videos from all over the internet.
Thank you for your guys’ support ! Subscribe : / @maipm1102
JJ is a 2 years, 7 months old male Large Mixed Breed who weighs 41 kilograms.
Hi Friends!
I’m JJ! I’m a handsome, sweet 2.5-year-old very big boy with a huge heart and lots of love to give. I have adoring puppy dog eyes that are guaranteed to melt you heart. I may be strong on a leash, but with a little loose-leash training (and my trusty Easy Walk harness), I make a pleasant walking buddy. I’m pretty chill around people, cars, and even skiers, but I do get excited when I see another dog and might pull a little to say hello.
I haven’t met any kids yet, but because I’m a big, bouncy boy, I’d do best in a home with older children. I’ve had some fun on-leash playdates with other dogs-both big and small-and I’ve been polite and playful with them. I have a natural instinct to watch over and protect the things I love-whether that’s your home, your family, or even your other pets. I may be independent at times, but my heart will always be with you. If you’re looking for a loyal, loving companion with a gentle spirit and a protective nature, I might just be the perfect match for you. Could you be my new family?
My adoption fee is $400 and includes my spay/neuter, up to date vaccinations, dewormer and a microchip. If you want to learn more about me, please come visit the GTHS and speak with one of the amazing Adoption Counsellors! The GTHS is open for adoptions from 12pm-4:00pm, every single day of the week and they would be thrilled to introduce you to me! I can’t wait to meet you and am looking forward to starting my new life with my new family!
This is the real me “Frankie Malloy”. After a day of doom scrolling, I’m ready to crash
Pawsome furiends! 🐾 Which adorable critter clips would make your heart go pitter-patter? Share your suggestions in the comments below! Whether it’s playful puppies, sleepy kitties, or bouncy bunnies, we’d love to hear what makes you smile! – Love, Frankie Malloy
Collingwood, ON [18 March 2025] – The Town of Collingwood is pleased to announce that there has been great interest in the community to fill the vacant councillor seat for the remaining 2022-2026 term of Council. 27 applications were received by the deadline of March 12th. As of the time of publishing of this release three applicants have withdrawn their application.
The 24 certified candidates are:
Allen, Garion
Bettam, Michael
Chambers, John
Colquhoun, Allan
Conning, David
Diamond, Kimberley
Greco, Sal
Holroyd, Robert
Hunt, David
Johns, Stephen
Kemp, Heather
Lessels, Alistair (Stuart)
Levitt, Jade
MacCulloch, Ian
Mouti, Scott
Munro, Kadri
Ormston-Holloway, Michael
Patterson, Lynne
Sandberg, Norman
Schaper, Wayne
Watt, Douglas
Weston, Kyle
White, Michelle
Yott, James
The applicants were invited to provide an optional ‘Personal Statement of Qualifications and Interest’, which are available for viewing at https://www.collingwood.ca/election.
A special meeting of Council will be held Thursday March 20, 2025, at 2:00 p.m. for the purpose of selecting a candidate to fill the current vacancy. Each candidate will be provided up to five (5) minutes to address Council, after which Council will proceed with the election method described in Staff Report C2025-03. The agenda for the special council meeting is posted on the Town’s Council Agendas page of the website.
Background This vacancy was created due to the resignation of a Councillor for the Town of Collingwood. At the January 27, 2025, Council meeting, Council declared one (1) Councillor position vacant as required by the Municipal Act, 2001. Further to Staff Report C2025-03, considered by Council at its regular meetings held on February 10 and February 24, 2025, Council opted to proceed with the option to fill the vacancy by inviting applications from interested qualified electors and further approved the procedure contained within the staff report on how the candidates will be interviewed and successful candidate appointed.
In 1987, Canada was caught up in a debate over a free trade agreement with the United States. Economist John Crispo, an outspoken FTA supporter, warned that failing to ratify it would make Canada an “economic basket case.”
In 1988, Prime Minister Brian Mulroney called an election to get a mandate to sign onto the agreement. The Liberals and NDP opposed it, but the Conservatives won a majority with 40 per cent of the vote. The U.S. and Canada ratified the FTA later that year. A subsequent 1994 free trade agreement included Mexico.
In early 1988, before the election, I met eminent economist Kenneth Boulding at a meeting in the U.S. With Crispo’s words still bugging me, I asked about Canada becoming an economic basket case if we didn’t sign on and for his opinion of the FTA.
Boulding answered, “If you want to know how well off you are, imagine that you go to bed and wake up the next morning to find the whole world has disappeared except for Canada and an ocean around it. Would you lack for food? Not when you are one of the bread baskets, not basket cases, of the world. Would you lack for resources — minerals, energy, lumber, fish? Would you lack an educated workforce capable of making everything from clothing to refrigerators and cars?”
That thought exercise reminds us of our true wealth. Canada is a nation rich in resources and skilled and educated people with a diversity of backgrounds and ideas and should be the envy of the world. But globalization renders us vulnerable to the consequences of war, hostilities and shifts in priorities and makes us poor — even though its initial justification was to reduce the kinds of conflicts the world had just endured in two global wars.
I later heard Larry King interview Mulroney on CNN. King chided him for the economic slump Canada was experiencing. Mulroney replied that it wasn’t his fault, that he couldn’t control the global economy. So why do we embrace the global economy? The prime minister’s job is to protect people in Canada and our economy, not hand over control to global forces.
Donald Trump’s election and subsequent actions reveal how vulnerable we are to the vagaries of an unruly leader who couldn’t care less for the wellbeing of people or the state of the planet. His administration during its first term negotiated the most recent North American free trade pact, the Canada-United States-Mexico Agreement. Now he’s tearing that up, recklessly imposing tariffs, then backing off and re-imposing them — sending stock markets spinning and creating economic hardship beyond U.S. borders.
We need global alliances, now more than ever, but we must also become more self-reliant. We need to reduce barriers to interprovincial trade and create an integrated renewable energy grid. Our governments must prioritize Indigenous rights, title and governance. We need to make sure our communities are resilient in the face of a warming climate, and we must protect our natural wealth, especially water.
The billionaires and oligarchs who benefit most from global trade don’t care about countries or borders; those get in their way as much as regulations and public institutions. Their consumer-capitalist economic system facilitates and relies on global trade — in part to exploit low-cost labour and lax environmental and human rights standards.
Current trade also exacerbates the climate crisis. About 40 per cent of global shipping is to transport coal, oil and gas. As Forbes reports, “Shipping emits over 1 billion tons of carbon a year, making it the sixth-largest emitter in the world after China, U.S., India, Russia and Japan” — and that’s increasing rapidly. Curtailing fossil fuel use would substantially reduce emissions from burning the fuels and from shipping, a win-win for the climate. But it would cut into enormous industry profits and, according to current economic thinking, profits are a higher priority than health and survival.
What’s happening in the U.S. shows how quickly things can fall apart — rules and institutions, checks and balances, international agreements, governing processes that people have long taken for granted. We need to learn from it and come together to protect what we have while continuing to strive for better.
David Suzuki is a scientist, broadcaster, author and co-founder of the David Suzuki Foundation. Written with David Suzuki Foundation Senior Writer and Editor Ian Hanington.
The Hudson’s Bay Company (HBC) was established on May 2, 1670, with a royal charter from King Charles II, granting it a fur trading monopoly over Rupert’s Land, a vast area around Hudson Bay. Initially focused on trading beaver pelts and other furs with Indigenous peoples, HBC set up trading posts along the coasts of Hudson Bay, James Bay, and the Arctic Ocean. These posts were not only commercial hubs but also played a key role in the exploration and colonization of Canada, shaping the region’s economic and political landscape. The company faced conflicts, notably with French forces, as seen in raids led by Pierre Le Moyne d’Iberville, which disrupted its posts along James Bay. Its dominance continued until 1869, when it relinquished control of Rupert’s Land to Canada via the Deed of Surrender, authorized by the Rupert’s Land Act 1868 Hudson’s Bay Company Wikipedia History.
Transition to Retail and Expansion
As the fur trade declined in the late 19th century, HBC diversified into retail, transforming its trading posts into shops and opening department stores in Canadian cities, starting with Winnipeg in 1881. This shift marked its evolution into a major retailer, acquiring companies like Zellers in 1978 and converting Simpsons to Bay stores in 1991 Hudson’s Bay Company The Canadian Encyclopedia. In the 21st century, HBC expanded through acquisitions, such as Saks, Inc. for US$2.9 billion in 2013 and Galeria Kaufhof for US$3.2 billion in 2015, though these moves later contributed to financial strain Hudson’s Bay Company Wikipedia History.
Recent Financial Struggles and Bankruptcy
Recent years brought significant challenges for HBC, exacerbated by the COVID-19 pandemic, inflation, and trade tensions, particularly with the U.S. under tariff policies Retail Dive. On March 7, 2025, it filed for creditor protection under the Companies’ Creditors Arrangement Act (CCAA), unable to secure financing and facing delays in supplier payments, with a reported net loss of $329.7 million for the year ended January 31, 2025 Canada’s Hudson’s Bay Crisis NPR Bankruptcy. Court documents revealed $1.1 billion in outstanding secured debt, and the company warned it was days away from being unable to meet payroll, risking lease defaults and store closures Hudson’s Bay Creditor Protection The Globe and Mail. By March 14, 2025, after 355 years, HBC announced the liquidation of all 96 Canadian locations, affecting over 9,400 employees, with sales starting soon after and closures by June 2025 Hudson’s Bay Shoppers CBC News Bankruptcy.
Unexpected Detail: Global Reach and Separation
An unexpected aspect is that while the Canadian arm is closing, the company’s U.S. operations, including Saks Fifth Avenue and Neiman Marcus under Saks Global, are not part of the bankruptcy, having been separated in December 2024. This separation, finalized for $2.7 billion, means the Hudson’s Bay brand may persist internationally, despite its Canadian retail demise Hudson’s Bay Company Wikipedia History.
Survey Note: Comprehensive Analysis of Hudson’s Bay Company’s History and Current Crisis
The Hudson’s Bay Company (HBC), a cornerstone of Canadian retail history, traces its origins to May 2, 1670, when it received a royal charter from King Charles II of England. This charter granted HBC a commercial monopoly over Rupert’s Land, a vast territory encompassing much of present-day northern and western Canada, centered around Hudson Bay. Initially focused on fur trading, HBC became a pivotal player in the exploration and colonization of Canada, establishing trading posts along the coasts of Hudson Bay, James Bay, and the Arctic Ocean. Its interactions with Indigenous peoples, trading beaver pelts and other furs, were central to its early operations, as detailed in historical accounts Untold Story Hudson’s Bay Company Canadian Geographic. The company’s role extended beyond commerce, acting as a de facto government in Rupert’s Land until it relinquished control to Canada in 1869 via the Deed of Surrender, authorized by the Rupert’s Land Act 1868 Hudson’s Bay Company Wikipedia History.
Throughout the 18th and 19th centuries, HBC faced conflicts, notably with French forces, as seen in raids led by Pierre Le Moyne d’Iberville, which disrupted its posts along James Bay Hudson’s Bay Company Wikipedia History. By the late 1800s, the demand for beaver pelts declined, prompting HBC to diversify. In 1869, it traded some land for farmland in western Canada, and by the early 1900s, it transformed its trading posts into shops and built department stores in Canadian cities, marking its shift to retail Kids Britannica. This evolution continued through the 20th century with significant acquisitions, such as Zellers in 1978 and the conversion of Simpsons to Bay stores in 1991 Hudson’s Bay Company Wikipedia History.
The company’s financial trajectory in the 21st century included both expansion and challenges. In 2006, Jerry Zucker acquired HBC for US$1.1 billion, and in 2008, it was sold to NRDC Equity Partners for the same amount Hudson’s Bay Company Wikipedia History. Major acquisitions followed, including Saks, Inc. for US$2.9 billion in 2013, resulting in a $124.2 million net loss in Q3 2013, and Galeria Kaufhof and Galeria Inno for US$3.2 billion in 2015, later sold in 2019 for US$1.5 billion Hudson’s Bay Company Wikipedia History. In 2019, it sold Lord & Taylor to Le Tote for $75 million cash plus CA$33.2 million, retaining a 25% equity stake and paying CA$77 million/year rent for three years Hudson’s Bay Company Wikipedia History. By March 2020, HBC was taken private by Richard Baker and shareholders, delisted from the Toronto Stock Exchange Hudson’s Bay Company Wikipedia History. In 2024, it acquired Neiman Marcus Group for $2.65 billion, finalized in December for $2.7 billion, forming Saks Global, which includes Saks Fifth Avenue and Bergdorf Goodman Hudson’s Bay Company Wikipedia History.
However, financial difficulties mounted, driven by the COVID-19 pandemic, inflation, and trade tensions, particularly with the U.S. under tariff policies Retail Dive. On March 7, 2025, HBC, specifically its Canadian operations under the Hudson’s Bay department store chain, filed for creditor protection under the CCAA, unable to secure financing and facing delays in supplier payments Canada’s Hudson’s Bay Crisis NPR Bankruptcy. Court documents revealed a $329.7 million net loss for the year ended January 31, 2025, with $1.1 billion in outstanding secured debt obligations Hudson’s Bay Creditor Protection The Globe and Mail. The company warned it was days away from being unable to meet payroll, risking lease defaults and store closures Hudson’s Bay Company Wikipedia History.
By March 14, 2025, after 355 years, Hudson’s Bay announced the liquidation of all 80 Hudson’s Bay, 3 Saks Fifth Avenue, and 13 Saks OFF 5TH locations in Canada, totaling 96 stores, with liquidation sales starting the following week and closures expected by June 15, 2025 Hudson’s Bay Shoppers CBC News Bankruptcy. This decision affects over 9,400 employees, with potential layoffs and store closures, marking the end of its 355-year presence in Canada, though its U.S. operations, including Saks Global, remain unaffected Financial Post.
This development underscores the challenges faced by traditional department stores in a digital, post-pandemic world, with inflation and changing consumer habits contributing to the crisis. The liquidation process, pending court approval, includes inventory and asset sales, with efforts to engage stakeholders like landlords for potential restructuring, though no deal had materialized by March 17, 2025 Retail Dive. This closure represents a significant chapter in Canadian retail history, ending a legacy that began with fur trading and evolved into a national institution, now facing its final days.
Table: Key Financial and Operational Milestones
Year
Event
Financial Details
1670
Founded by Royal Charter
N/A
1869
Relinquished Rupert’s Land control
Traded land for farmland in western Canada
1978
Acquired Zellers
N/A
2006
Jerry Zucker acquisition
US$1.1 billion
2008
Sold to NRDC Equity Partners
$1.1 billion
2013
Bought Saks, Inc.
US$2.9 billion, Q3 net loss $124.2 million
2015
Acquired Galeria Kaufhof/Inno
US$3.2 billion, sold 2019 for US$1.5 billion
2019
Sold Lord & Taylor
$75 million cash + CA$33.2 million, HBC rent CA$77 million/year for 3 years
2024
Acquired Neiman Marcus Group
$2.65 billion, finalized December for $2.7 billion
2025
Filed for creditor protection
Net loss $329.7 million, debt $1.1 billion
2025
Announced liquidation of Canadian operations
96 locations to close by June 2025
This table encapsulates the financial and operational evolution, highlighting the scale of recent losses leading to bankruptcy.
