Hudson's Bay has begun liquidating all but six of its stores after the company filed for creditor protection earlier this month.

After a week spent seeking a lifeline, an Ontario court has given Canada's oldest company permission to start liquidating all but six of its stores on Monday.

As Canadians hearing the news of the possible demise of Hudson’s Bay have been inspired to shop – flocking to stores and looking online to find deals, and a bit of Bay memorabilia – the more than 9,300 workers who keep the retailer’s operations running are facing the prospect of layoffs.