By  on April 3, 2014

Since its founding in 1670 as a Canadian fur trader, Hudson’s Bay Co. has established itself as a company of adventurers. And those adventures continue today as the Toronto-based retailer, which owns both Hudson’s Bay and Lord & Taylor, absorbs its newest acquisition, Saks Fifth Avenue.

Touted as the “oldest continually operating company in North America,” HBC has worked diligently to modernize its stores and make them relevant to today’s customers. Men’s wear is considered one of the biggest growth areas, and the store is expending a lot of time and resources to capture those opportunities. At L&T, for example, the company recently completed a major overhaul of the men’s area at the New York City flagship that included the addition of an extra floor and a revamping of the merchandise mix.

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