Canada’s oldest company will begin liquidating most of its stores this morning.

Hudson’s Bay says all but six of its locations will be selling off their inventory.

The company is aiming to wrap up the liquidation by June 15. Gift cards will be accepted until April 6, but loyalty points cannot be used.

The six stores omitted from the liquidation sales include the flagship on Yonge Street in Toronto, as well as a location in the city’s Yorkdale mall and another farther north in Hillcrest Mall in Richmond Hill, Ont.

Hudson's Bay says all but six of its locations will be selling off their inventory{ai:summary}<p>Hudson’s Bay, Canada’s oldest company, will start liquidating most of its stores today, with plans to complete the process by June 15. Gift cards will be accepted until April 6, but loyalty points cannot be redeemed.</p><p>Only six locations will remain open, including the flagship store on Yonge Street in Toronto and two others in Yorkdale and Hillcrest Mall. #economy</p>

Hudson’s Bay liquidation sale has begun but loyalty points will not be redeemable

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