Hudson’s Bay hopes to save six stores, begin liquidation process Monday

TORONTO — After a week spent seeking a lifeline, Hudson’s Bay says it has found a way to keep a half-dozen stores open — for now.

Canada’s oldest company was in court Monday to seek permission from an Ontario judge to liquidate all but six stores starting Monday.

The six stores Hudson’s Bay wants to save from the liquidation sale include the flagship location on Yonge Street in Toronto, as well as a store in the city’s Yorkdale mall and another at Hillcrest Mall in Richmond Hill, Ont. The remaining three are in Montreal, the Carrefour Laval mall and Pointe-Claire, Que.

The company did not say how deep

→ Continue reading at BIV

Related articles

Comments

Share article

Latest articles