Canadian Tire Corp. Ltd.'s historic purchase of Hudson's Bay trademarks will go ahead after an Ontario judge granted permission for the deal.

The two stores will shutter along with the company’s 96 cross-country Bay, Saks Fifth Avenue and Saks Off 5th shops ...

Hudson’s Bay stores will close by this weekend leaving over 8,300 employees without jobs across Canada. The company filed for creditor protection on March 7 and later announced all stores would close.