Canada’s oldest company will begin liquidating most of its stores Monday 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 stores omitted from the liquidation sales include the flagship on Yonge Street in Toronto, as well as a location in the city’s Yorkdale mall and another farther north in Hillcrest Mall in Richmond Hill, Ont.
The remaining three span downtown Montreal, the Carrefour Laval mall and Point-Claire, Que.
- ‘I feel so bad and so trapped’: Rogers customer falls victim to sophisticated delivery scam
- IBC estimates $230M in insured damage claimed from Edmonton storms
- Calgary area ‘very uniquely situated’ for study of hailstorms, says researcher
- Close to 800,000 have applied for $100 rebate, payments coming: Alberta’s Smith
Get daily National news
The liquidation comes after the company filed for creditor protection earlier this month, saying it was facing financial difficulties stemming from lower consumer spending, reduced downtown traffic and trade tensions between Canada and the U.S.
Comments
Want to discuss? Please read our Commenting Policy first.