If you’ve been doing some spring cleaning and realized you need new clothes, bedding, or kitchen essentials, now might be the perfect time to hit up Hudson’s Bay.
The historic Canadian retailer, which filed for creditor protection earlier this month, officially kicked off its massive liquidation sales today, March 24, across nearly all of its 80 stores nationwide.
The clearance frenzy is part of a court-approved rescue and liquidation plan, and shoppers are already swarming Hudson’s Bay locations looking for deals. From fashion to home essentials, the discounts are all over the place, with markdowns ranging from 15% to 70% off. And just a heads-up — all sales are final unless specified otherwise.
Out of all the stores in Canada, only six have been spared from liquidation so far, according to The Canadian Press.
Of the six remaining stores, three are in Quebec: the downtown Montreal store on Sainte-Catherine Street, Carrefour Laval, and CF Fairview Pointe-Claire. But even these spots aren’t completely safe. They’re also running escalating sales to draw in shoppers while the company’s future hangs in the balance.
As for the other ten Hudson’s Bay locations in Quebec, they’ve already gone into full liquidation mode and are preparing for closure. If the company’s restructuring plan doesn’t work out, those six supposedly “safe” stores will join the liquidation wave starting April 5, 2025.
Oh, and if you’re one of the 8 million HBC Prime points members, you’re out of luck. The program is currently on pause, and gift cards will stop being accepted after April 6. Founded back in 1670, Hudson’s Bay is Canada’s oldest retailer. But with more than $1.1 billion in debt, the iconic brand may not survive this financial storm.
It’s expected that Hudson’s Bay liquidation will end by Sunday, June 15, 2025. However, some locations could sell out of items before then.
So, if you’re looking for killer deals, now’s your chance before it’s all gone.
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