Liquidation sales kicked off Monday morning at all but six of Hudson’s Bay’s locations as the company continues to search for a way to restructure.
An Ontario judge gave Canada’s oldest company permission on Friday to begin clearing the inventory at most of its stores, a process which starts today and is expected to wrap up by June 15.
After liquidation sales end, the company will vacate these locations by June 30. All loyalty programs and points have been suspended, leaving around 8.2 million Canada members with about $58.5 million in unused…
