Closures › Hudson's Bay

Hudson's Bay

All stores closed · Facts as of Oct 17, 2026

Canada's oldest company filed for creditor protection on March 7, 2025, liquidated its stores, and closed its remaining Hudson's Bay and Saks locations for good on June 1, 2025.

Gift cards, returns & deposits

Gift cards

No longer accepted

Gift cards and store credits honoured through April 6, 2025.

Source

Returns & exchanges

No longer accepted

All sales final for purchases on or after March 25, 2025 in liquidating stores. Returns of earlier purchases accepted through April 6, 2025.

Source

Deposits & pending orders

Not yet verified

We haven't found an official source for this yet. Check the court monitor's website.

Key facts

Banners: Hudson's Bay, Saks Fifth Avenue (Canada), Saks OFF 5TH (Canada)
Company: Hudson's Bay Company ULC
Category: Department store
Proceeding: CCAA
Filed / initial order: Mar 7, 2025
Stores affected: 96
80 Hudson's Bay stores plus 3 Saks Fifth Avenue and 13 Saks OFF 5TH stores operated in Canada under HBC.
Sale dates: ? – Jun 1, 2025
Provinces: Ontario, Quebec
Stores operated across Canada; only Ontario and Quebec locations are named in our sources so far.
Cities / locations: Toronto, Richmond Hill, Montreal, Laval, Pointe-Claire
The six stores initially spared from liquidation (Queen St. flagship and Yorkdale in Toronto, Hillcrest Mall in Richmond Hill, Montreal, Carrefour Laval and Pointe-Claire) later also closed.

Court case & monitor

Court: Ontario Superior Court of Justice (Commercial List), Toronto
Court file no.: CV-25-00738613-00CL
Court officer: Alvarez & Marsal Canada Inc.
Official case website: https://www.alvarezandmarsal.com/hudsonsbay

The monitor's website has the official court orders, notices and claim forms. If you're owed money (for example a gift card balance or deposit), start there.

Timeline

Mar 7, 2025	Granted CCAA creditor protection. source
Mar 28, 2025	Store closing sales underway at 73 Hudson's Bay, 2 Saks Fifth Avenue and 13 Saks OFF 5TH stores. source
Jun 1, 2025	Final day: liquidation sales at all Bay stores and 16 Saks locations ended. source

Sources

Liquidation Sale Now Underway at Majority of Hudson's Bay Company Stores Across Canada, Canada Newswire (HBC release), published Mar 28, 2025. Accessed Oct 17, 2026.
CCAA Records — Hudson's Bay Company ULC, Office of the Superintendent of Bankruptcy. Accessed Oct 17, 2026.
Hudson's Bay to liquidate all but 6 stores starting Monday, CBC News. Accessed Oct 17, 2026.
Hudson's Bay stores across Canada close for good Sunday, Global News, published Jun 1, 2025. Accessed Oct 17, 2026.
What happens to gift cards when a company goes out of business in Canada, Proceedings., published Oct 10, 2026. Accessed Oct 17, 2026.

Spot an error or have an update? Corrections are checked against the source documents. This page is not legal advice.