Hudson’s Bay is liquidating most of its stores. Here’s what you need to know

Hudson’s Bay has begun liquidating all but six of its stores after the company filed for creditor protection earlier this month.

Here’s how the process is unfolding so far:

Which stores are part of the liquidation?

Hudson’s Bay is liquidating all but six of its stores. It has 80 stores under the Hudson’s Bay banner, as well as the three Saks Fifth Avenue stores and 13 Saks Off 5th locations in Canada that it owns through a licensing agreement.

Which stores will stay open?

The six stores being saved – for now — are the flagship location on Yonge Street in Toronto, as well as a store in the…