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

  • Hudson’s Bay is working to keep six stores open after seeking court approval to liquidate the rest beginning Monday.
  • The six stores include the flagship location on Yonge Street in Toronto and sites in Yorkdale, Hillcrest, Carrefour Laval, and Pointe-Claire malls.
  • The company filed for creditor protection on March 7 due to significant financial challenges, including low sales and deferred payments to landlords.
  • Hudson’s Bay will stop accepting outstanding gift cards after April 6 and has paused its loyalty program, affecting 8.2 million members.
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  • 77% of the sources lean Left
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Le Journal de Quebec broke the news in Quebec City, Canada on Friday, March 21, 2025.
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