When a retailer declares Chapter 11 bankruptcy and elects to wind down operations, it usually hires an outside company to ...

After a week of uncertainty, La Baie has finally received approval from the Ontario Superior Court to liquidate its assets starting Monday, excluding six flagship stores, three of which are located in ...

Liquidation sales are kicking off Monday morning at all but six of Hudson's Bay's locations as the company continues to ...

Specifically, The Bay entered bankruptcy protection earlier this year, citing these sales declines as a fundamental reason for winding down operations. According to reports from Canadian Press, this ...

The provision to liquidate insolvent companies as a going concern was intended to save jobs and preserve value, but it merely ...

Hudson’s Bay was given court approval on Friday to begin liquidating all but six of its 80 department stores, 13 Saks Off ...

Like many retailers, Hudson’s Bay struggled during the COVID-19 pandemic, but its troubles ran deeper. Now, the company is ...

Hudson’s Bay wants to liquidate all but six of its stores. It has 80 stores under the Hudson’s Bay banner, as well as the three Saks Fifth Avenue stores and 13 Saks Off 5th locations in Canada that it ...

As the liquidation sales continue, the discounts will deepen, but customers will face issues like sizing, colour, and quality ...

The rush to rescue merchandise came ahead of liquidation sales that began Monday at all but six of the department stores run ...

Canadians headed to Hudson's Bay stores Monday in hopes of scooping up the first of the retailer's liquidation deals, but ...