Hudson’s Bay to liquidate all remaining stores: court docs

5 hours ago 1

Company is making the move because there's a 'low probability' that it will find a buyer for the six remaining locations

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The Canadian Press

Store closing signs on the Hudson's Bay Co. location at the Mayflower Mall in Sydney, N.S.Store closing signs on the Hudson's Bay Co. location at the Mayflower Mall in Sydney, N.S. Photo by NICOLE SULLIVAN/CAPE BRETON POST files

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TORONTO — Hudson’s Bay Co. says in a new court filing that the company will begin selling off all merchandise at the six stores previously spared from liquidation beginning Friday.

Financial Post

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Adam Zalev says in an affidavit that the company is making the move because there is a “low probability” that it will find a buyer for the six remaining locations.

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