Jonathan Litt’s Land and Buildings suggested Hudson’s Bay has or will engage bankers to explore a buyout.
The makeover includes enhanced shopping features, easier navigation and more personalization.
He has been with HBC for 11 years and has seen the company through major growth initiatives.
Burt Tansky, Terry J. Lundgren, Ron Frasch, Jerry Storch, Linda Fargo and Rose Marie Bravo helped the designer celebrate.
The merchant has experience in a variety of categories and off-price.
The Bakers blogged, fished, visited historic sites, shopped and met native Americans on their cross-country journey.
Land & Buildings cites HBC’s valuable real estate, depressed stock price and unsuccessful merger talks with Macy’s and Neiman’s.
A key shareholder wants HBC to examine strategic alternatives.