
Hudson's Bay liquidation sales end soon then stores in Canada close forever
Kenneth Chan, Daily Hive
created: May 12, 2025, 5:52 p.m. | updated: May 13, 2025, 3:27 p.m.
After 355 years, beginning as a fur trading company incorporated by King Charles II, the end of Canada's oldest retailer is fast approaching.
Hudson's Bay Company is expected to shutter all of its department store locations by June 2025, marking the final phase of a nationwide liquidation process that began in late March.
In addition, nine Saks OFF 5TH locations were closed by late April, with the remaining four stores of the discount chain set to close by June 1.
Last week, we observed steep discounts of between 40 per cent and 70 per cent for the remaining merchandise at the flagship stores in downtown Vancouver and downtown Toronto.
Under the court-approved guidelines, Hudson's Bay is required to vacate every store location by no later than June 30, 2025.
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