TORONTO — After a week spent seeking a lifeline, Canada’s oldest company has found a way to keep six of its stores open — for now — but will begin liquidating the remainder on Monday.
TORONTO — After a week spent seeking a lifeline, Canada’s oldest company has found a way to keep six of its stores open — for now — but will begin liquidating the remainder on Monday.
Ontario Superior Court judge Peter Osborne on Friday approved the plan, paving the way for the retailer to begin selling off inventory at most of Hudson’s Bay’s 80 stores, three Saks Fifth Avenue locations and 13 Saks Off 5th shops in Canada.
“This is the art of the possible and we are where we are today,” Osborne said in court. “In my view, there is…
