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Hudson’s Bay Launches Final Liquidation Sales as Historic Retailer Shuts Down

Canada’s oldest retailer begins closing its last six stores with discounts up to 70% after failing to secure a buyer or restructuring plan.

Sale signage is seen at the Hudson's Bay store in Toronto, Tuesday, April 22, 2025. THE CANADIAN PRESS/Giordano Ciampini
Hudson's Bay reveals more stores with liquidation sales.

Overview

  • Liquidation sales at Hudson’s Bay’s final six stores began on April 25, 2025, with discounts reaching up to 70%.
  • The company’s Rewards program is paused, and gift cards have not been accepted since April 6, 2025.
  • The six stores include flagship locations in Toronto and Montreal, as well as stores in Yorkdale Mall, Hillcrest Mall, Carrefour Laval, and Pointe-Claire.
  • Financial advisor Adam Zalev confirmed that no viable bids were received, leading to the inclusion of these stores in the liquidation process.
  • The closures mark the end of Hudson’s Bay’s 355-year history, reflecting broader challenges in the retail sector, including e-commerce competition and economic pressures.