TORONTO, March 28, 2025 /CNW/ — Store Closing Sales have begun at most Hudson’s Bay Company (“HBC”) locations while it seeks to restructure its business. Participating in this sale are 73 Hudson’s Bay stores across the country, in addition to 2 Saks Fifth Avenue and 13 Saks OFF 5TH stores in Canada.
This announcement follows HBC’s filing under the Companies’ Creditors Arrangement Act (CCAA) and subsequent approval by an Ontario court to move forward with the commencement of liquidation of 88 stores.
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