Hudson’s Bay stores have now shut down permanently across Canada following the final day of liquidation sales on June 1.
Hudson’s Bay Company (HBC) has terminated 8,347 employees as of June 1, totalling around 89 percent of its staff.
The remaining 1,017 employees include distribution centre staff, corporate associates, and store employees who will close out the stores over the month and finalize furniture and fixture purchases made during the liquidation sales.
The distribution centres are expected to close by June 15 and HBC is required to vacate each of its stores by June 30.
HBC filed for creditor protection in March 2025, citing “significant challenges” in its ability to pay landlords, vendors, and suppliers. HBC representatives said in a March 7 court filing that the company would be “unable, within the next several days, to meet its employee payroll obligations.”…