Hudson’s Bay to liquidate all remaining stores, court filing says
- Hudson's Bay will wind down six namesake stores and one Saks Fifth Avenue by June 15, 2025.
- The retailer filed for creditor protection last month citing a tough consumer environment.
- These closures add to 73 other Hudson's Bay and 13 Saks Off 5th stores dissolving under bankruptcy laws.
- An advisor states a "low probability" exists for finding a buyer for the six locations.
- This extensive liquidation effectively ends the retailer's department store empire in Canada.
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Hudson's Bay is expected to begin the liquidation of its last six stores on Friday, according to a financial advisor at the department store in difficulty.
·Montreal, Canada
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Bay workers may not see money in creditor protection case: lawyer
TORONTO — A court appearance from Hudson’s Bay is raising doubts over how much money the faltering retailer will have left for employees after liquidation.
·Sault Ste. Marie, Canada
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Canada's Hudson's Bay to close last six stores
Hudson's Bay -- Canada's oldest company -- will close its last six stores that were spared in an initial cull, with merchandise sold off starting Friday, according to a court filing.
·Cherokee County, United States
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