La Baie d’Hudson, Canada’s oldest retail chain, is set to begin liquidating most of its stores effective March 24, 2025, while managing to keep six locations operational thanks to recent sales boosts.
After a week of intense negotiations and deliberations, the Ontario Superior Court, led by Judge Peter Osborne, granted the retailer permission to proceed with the liquidation. Judge Osborne acknowledged, “It is the art of the possible, and we are here today. To my mind, there is no other option.” This approval gives La Baie d’Hudson the green light to liquidate its operations except for a handful of stores that are deemed financially viable.
The six stores that have escaped liquidation include the iconic flagship…