A Hudson’s Bay store in Toronto on March 10, 2025.Chris Young/The Canadian Press
Hudson’s Bay Co. stores could be liquidated by the end of May or early June if the company cannot find a buyer or investors willing to provide financing, a lawyer for the faltering retailer told a court hearing in Toronto on Monday.
At the hearing, Hudson’s Bay was seeking approval for a plan to begin selling off the inventory and fixtures at its 80 namesake department stores and four distribution centres, as well as three Saks Fifth Avenue and 13 Saks Off Fifth stores that the company operates under licence in Canada.
Under the current plan, those sales could begin as early as Tuesday, and should last for 10 to 12 weeks, lawyers…
