Hudson’s Bay

Retail

HBC Committee Retains TD Securities to Evaluate Deal to Go Private

Richard Baker has several motivations for taking his company private.

clock July 10, 2019David Moin

The Governor and Executive Chairman of the Hudson's Bay Company Richard Baker During a Press Conference in Amsterdam the Netherlands 17 May 2016 the Canadian Department Store Chain Hbc Wants to Open Twenty Branches in the Netherlands in the Next Two Years Hudson Bay who Are Looking Into Buying Dutch Department Store Chain V&d Netherlands AmsterdamNetherlands Canada Economy Hudson's Bay - May 2016

Retail

Activist Shareholder Says HBC Go-Private Offer Is Too Low

Shareholder activist Jonathan Litt thinks HBC is worth twice as much as chairman Richard Baker’s offer.

clock June 18, 2019David Moin

A View of the Hudson's Bay Company Head Office and Main Store in Toronto Canada 15 June 2015 Hudson's Bay Announced on 15 June That It Has Deal to Buy the Kaufhof Chain of Department Stores in Germany Canada TorontoCanada Hudsons Bay Company - Jun 2015

Retail

HBC’s CFO Takes Medical Leave

Becky Roof has been appointed interim cfo.

clock June 17, 2019David Moin

A colorful escalator leads to the second floor inside Saks Fifth Avenue's flagship midtown Manhattan location, in New York. The company is in the last phase of what Saks president Marc Metrick calls a $250 million redevelopment just as luxury rivals Neiman Marcus and Nordstrom expand into the city. Metrick, 45, hopes the new look will reinvent the department store experience, namely bringing theater to luxury shopping at a time when shoppers can buy their designer handbags onlineInsider Q A Saks President, New York

Financial

Powering On at HBC as Buyout Offer Is Evaluated

Executive chairman Richard Baker and other HBC shareholders moved to take the company private earlier this week.

clock June 13, 2019Evan Clark

A Chico's storefront.

Financial

Chico’s FAS Comeback Plan Sends Shares Upward

The retailer is working on improving its product assortment and digital channels.

clock June 11, 2019Kellie Ell

Hudson's Bay Company headquarters in Toronto

Retail

HBC Shares Jump After Plan to Go Private Revealed

The retailer’s reengineering capitalizes on real estate and reduces retail holdings to help shore up the balance sheet.

clock June 10, 2019David Moin

Richard Baker

Retail

HBC Proposes Going Private, Agrees to Sell Off German Stake

The Toronto-based company continues to shed retail holdings.

clock June 10, 2019David Moin

Walmart's Marc Lore

Business Features

The WWD CEO Summit to Focus on Movers + Makers

The annual event will be held Oct. 29 and 30 in New York.

clock May 30, 2019Evan Clark

Cyndi Lauper

Retail

HBC Raises $2.2 Million for Mental Health Programs

The retailer’s campaign to support mental health programs and awareness is gaining momentum.

clock May 15, 2019David Moin

Lord & Taylor's store in Manhasset, N.Y.

Retail

HBC Seeks to Sell Venerable but Struggling Lord & Taylor

The potential sale of L&T reflects HBC’s continued efforts to streamline its portfolio to shore up the balance sheet.

clock May 7, 2019David Moin

A View of the Hudson's Bay Company Head Office and Main Store in Toronto Canada 15 June 2015 Hudson's Bay Announced on 15 June That It Has Deal to Buy the Kaufhof Chain of Department Stores in Germany Canada TorontoCanada Hudsons Bay Company - Jun 2015

Retail

Hudson’s Bay Examining Strategic Alternatives for Lord & Taylor

A sale of Lord & Taylor would be the latest in a string of sell-offs and store closings to improve HBC’s balance sheet.

clock May 6, 2019David Moin

A View of the Hudson's Bay Company Head Office and Main Store in Toronto Canada 15 June 2015 Hudson's Bay Announced on 15 June That It Has Deal to Buy the Kaufhof Chain of Department Stores in Germany Canada TorontoCanada Hudsons Bay Company - Jun 2015

Retail

Despite Declines, a Streamlining HBC Sees Better Future

Within the HBC portfolio of stores, Saks Fifth Avenue continues to shine.

clock April 3, 2019David Moin

A View of the Hudson's Bay Company Head Office and Main Store in Toronto Canada 15 June 2015 Hudson's Bay Announced on 15 June That It Has Deal to Buy the Kaufhof Chain of Department Stores in Germany Canada TorontoCanada Hudsons Bay Company - Jun 2015

Retail

HBC Reports Mixed Fourth-Quarter Results Across Divisions

Restructurings hurt the bottom line, though the momemtum at Saks continues.

clock April 3, 2019David Moin

Retail

Signa Group Unveil Plans for Retail Project in Berlin

The 450 million-euro project flies in the face of retail trends that have seen department stores shrinking or shuttered.

clock March 12, 2019Cathrin Schaer

art peck

Technology

Warnings for Retail at Shoptalk

The Las Vegas retail conference offered up single warning from many different voices — change or else.

clock March 8, 2019Adriana Lee

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Essentialist

Today's Must Read

Graydon CarterNatural Resources Defense Council's 'Night of Comedy' Benefit Gala, New York Historical Society, Arrivals, New York, USA - 30 Apr 2019

Business

Graydon Carter Refutes Accusations By Writer of Early Epstein Profile

clock July 19, 2019Kali Hays

Social Studies