Here are the discounts Canadians can get at Hudson's Bay liquidation sale

The Hudson's Bay Company (HBC) liquidation sale is now underway.

North America's oldest retailer officially announced that it would shutter all but six Canadian locations last week.

It received approval from the Ontario Superior Court of Justice to run liquidation sales from March 24 to June 15.

"The sales offer customers a chance to find great deals from this historic retailer that has endured for generations," reads a statement from HBC.

If you haven't had a chance to check out the Hudson's Bay liquidation sale, here's a look at just how much you can save.

There are 73 Hudson's Bay stores participating in the sale, in addition to two Saks Fifth Avenues and 13 Saks Off 5th stores in Canada.

HBC discounts range from 15 per cent to 40 per cent off the lowest ticketed prices across the store.

Canadians looking for deals at Saks Fifth Avenue and Saks Off 5th will get 15 per cent discounts off the lowest ticketed price across the store.

Megan Devlin/Daily Hive

"While all merchandise is being sold, closing discounts do not apply to beauty, stripes, and select luxury brands," the retailer notes.

All sales are final for purchases made on or after March 25 in Hudson's Bay liquidating stores.

The company will be accepting returns at liquidating stores through April 6 for purchases made before March 25.

Megan Devlin/Daily Hive

Canadians will also be able to nab select store fixtures, furnishings and equipment soon at select locations.

Liquidating stores will be accepting gift cards and store credits for a limited time.

The company does note that the closing discounts won't be valid at the six Hudson's Bay stores and one Saks Fifth Avenue location that remain open.

The liquidation sale follows HBC's filing under the Companies' Creditors Arrangement Act (CCAA) and approval by an Ontario court to move forward with the commencement of liquidation of 88 stores.