TORONTO – Hudson’s Bay is expected to start liquidating its final six stores today.
A court filing made earlier in the week by a financial adviser to the beleaguered department store says the selloff will begin because there is a “low probability” that the company will find a buyer for its remaining locations.
Those locations due to begin liquidation 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 Pointe-Claire, Que. One…