Hudson’s Bay Liquidation on Hold as Discussions Continue to Diffuse Differences

Hudson’s Bay Liquidation on Hold as Discussions Continue to Diffuse Differences
The Hudson's Bay department store is seen in downtown Montreal on March 17, 2025. The Canadian Press/Christinne Muschi
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Hudson’s Bay’s proposed liquidation is still on hold as the company works to address its differences with landlords and other stakeholders after filing for creditor protection earlier this month.

The department store chain that holds the title of Canada’s oldest company asked an Ontario court Monday for permission to close all 80 of its stores, along with three Saks Fifth Avenue stores and 13 Saks Off 5th locations in Canada.