Hudson’s Bay to begin clearance at all stores, including six originally left out of liquidation

Hudson’s Bay will begin clearance sales at six stores that the retailer previously left out of the liquidation, according to new court documents.

Canada’s oldest retailer is closing in on a deadline next week for bids to be submitted in the sale process for the company’s assets and operations.

But the retailer believes there is a “low probability” a buyer will emerge for the six stores, according to an affidavit sworn by Adam Zalev, co-founder and managing director of Reflect Advisors LLC, which is acting as financial adviser to Hudson’s Bay.

The department stores launched clearance sales in late March at…