Canada’s oldest company will begin liquidating most of its stores this morning. Hudson’s Bay says all but six of its locations will be selling off their inventory. The company is aiming to wrap up the liquidation by June 15. Gift cards will be accepted until April 6, but loyalty points cannot be used. The six […]
Hudson's Bay liquidation sales began at most of its stores in Canada after court approval, but many shoppers found unclear markdowns. Six stores, including the flagship in Toronto, will remain open due to better-than-expected sales following the initial liquidation announcement. The liquidation stems from creditor protection proceedings due to lower consumer spending and other economic pressures. The future of other stores remains uncertain.
