Hudson’s Bay liquidation of all stores could start as soon as Tuesday

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By Tara Deschamps

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TORONTO — A liquidation plan at Canada’s oldest company could begin at all of its locations as soon as Tuesday and last for up to 12 weeks, but Hudson’s Bay is still holding out hope that it will find a lifeline.

Lawyers for the beleaguered retailer said in an Ontario court Monday morning that if approved by the judge, the liquidation would span 80 stores as well as three Saks Fifth Avenue stores and 13 Saks Off 5th locations in Canada that it owns through a licensing…