Liquidation sales are kicking off Monday morning at all but six of Hudson’s Bay’s locations as the company continues to search for a way to restructure.
The six stores currently omitted from the liquidation include the flagship store on Yonge Street in Toronto, as well as two others in the Greater Toronto Area and three in Quebec, including one in downtown Montreal.
Canada’s oldest company operates 80 stores, as well as three Saks Fifth Avenue stores and 13 Saks Off 5th locations in Canada through a licensing agreement.
The company said liquidation sales will wrap up by June 15, and that it will vacate those locations by June 30. All loyalty programs and points have been suspended, but gift cards can still be used at stores until…
