Canada’s oldest company could start its liquidation sales soon and go on for up to 12 weeks—but what sorts of deals could shoppers find?
Lawyers for Hudson’s Bay appeared in court on Monday and outlined their plans, proposing a way for the retailer to remove some stores from the liquidation process should it find sufficient financing during those weeks when the company’s lawyer expects to offload its inventory.
Pending that court approval, the liquidation process could start within days—meaning inventory clearance sales at all 80 stores across the country, as well as three Saks Fifth Avenue and 13 Saks Off 5th stores that the company owns through a licensing agreement.
As the retailer winds down, Hudson’s Bay said in a…
