354-year-old retailer launches closing down sale as all stores shut for good
Hudson's Bay is offering massive discounts to customers before permanently shutting all of its stores. The 354-year-old Canadian retailer began clearance sales on April 25 at six Hudson's Bay stores and one Saks Fifth Avenue location. Shoppers can score 40–70 percent off clothing, jewelry, and furniture at Hudson's Bay. Saks Fifth Avenue is also offering 30 percent off all items. If the company cannot find buyer, each Canadian store will close for good on June 15.
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