Hudson's Bay defers payments

Hudson’s Bay department store, who previously announced to close its doors at the end of December, has requested to defer payments owed. The chain can no longer meet all its payment obligations after the court's decision and resulting penalties.

It is currently being examined whether all stores in the Netherlands, including the Maastricht location on Grote Staat, can remain open until the end of 2019. The clearout sale that has already started will in any case remain in force for the time being. The plans already in place for Hudson's Bay employees, (two hundred of which work in the Maastricht location) are not affected by the deferred payment.