Bloomberg Hudson’s Bay Co’s European adventure is nearing an end, as the Canadian retailer plans to close its 15 Dutch department stores, Het Financieele Dagblad reported. The company will shut the stores and dismiss the workforce of more than 1,400 by the end of the year, the Dutch newspaper said, citing a letter from Hudson’s Bay. A spokesperson wasn’t immediately ...

Bloomberg Forever 21 Inc is preparing for a potential bankruptcy filing as the fashion retailer’s cash dwindles and turnaround options fade, according to people with knowledge of the plans. The company has been in talks for additional financing and working with a team of advisers to help it restructure its debt, but negotiations with possible lenders have so far stalled, ...

Bloomberg Climate activists plan to fly toy drones near London’s Heathrow airport next month, as they seek to draw attention to a planned expansion and its impact on greenhouse gases. The group, Heathrow Pause, will fly the drones inside an exclusion zone surrounding Europe’s busiest airport starting from September 13, it said in a statement on its website. Drones are ...