Liquidation begins at remaining Hudson's Bay stores, including Toronto flagship

2 day_ago 7

Toronto·New

Liquidation income astatine Hudson's Bay's remaining stores got underway this greeting with a hearty showing from customers who revelled successful discounts of up to 70 per cent.

Sales of up to 70 per cent astatine last six stores that were antecedently spared from liquidation

Tara Deschamps · The Canadian Press

· Posted: Apr 25, 2025 1:06 PM EDT | Last Updated: 2 minutes ago

Hudson's Bay liquidation begins astatine each remaining stores

Hudson's Bay has started selling disconnected each merchandise astatine the six remaining stores that were antecedently spared from liquidation, including its flagship store connected Yonge Street.

Liquidation income astatine Hudson's Bay's remaining stores got underway this greeting with a hearty showing from customers who revelled successful discounts of up to 70 per cent.

At the ailing company's flagship Toronto store connected Yonge Street, a fewer customers lingered by the doors conscionable earlier they opened astatine 10 a.m.

Once they made their mode in, postulation rapidly picked up arsenic galore made immoderate of their last buying trips astatine the section store present closing each 96 of its Bay, Saks Fifth Avenue and Saks Off Fifth stores.

Many shoppers beelined for the company's striped merchandise, arsenic good arsenic apparel, which was marked down by up to 50 per cent. Perhaps the busiest country was the jewelry department, wherever everything was discounted by 70 per cent.

In summation to the flagship, the caller stores joining the liquidation are astatine Yorkdale mall successful Toronto, Hillcrest Mall successful Richmond Hill, downtown Montreal and Carrefour Laval promenade and Pointe-Claire successful Quebec. All six stores were antecedently spared from liquidation past month.

While determination are inactive a fewer days near to marque a bid to prevention the business, the locations are entering liquidation due to the fact that the company's fiscal advisor has said determination is simply a "low probability" that the steadfast volition find a purchaser for its remaining locations.