This article written in french by Nicholas Pereira was automatically translated using AI
According to reports from various media outlets, Hudson’s Bay is looking to spare six stores from the wave of liquidation the company is currently facing.
The Carrefour Laval location is said to be among them.
Two other stores in Quebec would also be saved—one in downtown Montreal and another in Pointe-Claire. The remaining three locations are in Ontario.
Ashley Taylor, a lawyer representing Hudson’s Bay in this case, reportedly explained that recent sales at these six stores have exceeded forecasts, allowing them to remain operational a little longer.
The company, founded in 1670, aims to restructure while keeping these stores open until early April. However, these locations remain at risk of closure if an agreement is not reached quickly.
It is worth recalling that on Monday, the Canadian retail chain asked Ontario Superior Court Justice Peter Osborne for approval to liquidate merchandise in its 80 stores across Canada, as well as in its Saks Fifth Avenue and Saks Off 5th locations.
Nearly 9,400 employees could be affected by the upcoming closures. (N.P.)
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