Tara Deschamps

Canadian Press

Tara Deschamps is a business reporter with The Canadian Press

Latest from Tara Deschamps

Hudson's Bay receives approval for sale of 3 leases to B.C. mall owner Ruby Liu

The B.C. billionaire looking to turn Hudson’s Bay’s old digs into her own retail empire left court Monday with the beginnings of her venture in hand — and a looming fight that could curtail her full ambitions.

B.C. mall owner offers $6M for 3 Hudson's Bay leases: court documents

Weihong (Ruby) Liu's offer puts a $2-million price tag on each of the leases at Tsawwassen Mills, Mayfair Shopping Centre and Woodgrove Centre in B.C., malls she owns through her real estate business, Central Walk.

New study sheds light on connection between motherhood and job loss

A new study funded by advocacy group Moms at Work and law firm Hudson Sinclair found 15 per cent of 1,390 Canadian moms who gave birth in 2022 and 2023 were dismissed, laid off or had their contracts go unrenewed during their pregnancy, maternity leave or when they returned to work.

Redesigning the Bay's old retail spaces will come with challenges and opportunities

Ruby Liu brokered a deal to take over up to 28 of the leases held by Hudson's Bay and its sister Saks businesses in Alberta, B.C. and Ontario and transform them into "a new modern department store." But making the jump from vision to reality won't be easy, experts warn.

Aritzia plans to move some of its production away from China amid tariff threats

The Vancouver-based apparel company said Thursday that the Asian nation is one of the top three countries it relies on to make its clothing. They plan to cut Chinese production to about 20 per cent for the fall-winter season, before reducing their reliance on China even further by next spring.

Canadian Tire is bidding on Hudson's Bay assets, according to sources

Anyone interested in owning Hudson's Bay assets had until 5 p.m. yesterday to make a bid as part of the retailer's creditor protection court case.

Liquidation begins at remaining Hudson's Bay stores, including Toronto flagship

Liquidation sales at Hudson's Bay's remaining stores got underway this morning with a hearty showing from customers who revelled in discounts of up to 70 per cent.

Hudson's Bay artifacts, including royal charter, can go up for auction, court rules

Hudson's Bay can now prepare to auction off 4,400 artifacts and art pieces along with the 355-year-old royal charter that launched the now-ailing company.

Lawyer trying to save war memorials from Hudson's Bay stores in Toronto, Calgary

A Toronto lawyer is hoping to find a way to preserve war memorials at two Hudson's Bay stores and says he wants the displays commemorating Bay and Simpsons workers who died in the Second World War to be saved.

Public access to Hudson Bay Company artifacts 'absolutely crucial,' Manitoba history prof says

Museums, galleries and other archival institutions will likely need some help, if they want to buy Hudson's Bay art or artifacts.