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HBC Plans North American Operations to Accelerate Performance, Drive Future Growth

In Industry News, Reports, What's New by Accessories StaffLeave a Comment

Toronto and New York–Hudson’s Bay Company today announced a series of actions to position the department store ccompany to deliver an enhanced all-channel customer experience, accelerate financial performance and drive future success. Reflecting the HBC’s substantial growth and strong performance since the 2013 acquisition of Saks Incorporated, the initiatives are …

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Hudson’s Bay Launches Two Real Estate Joint Ventures

In Industry News, Reports, What's New by Accessories StaffLeave a Comment

Toronto and New York—In another display of Chairman/CEO Richard Baker’s acumen, Hudson’s Bay Company announced today it would be launching separate joint venture partnerships with two major North American real estate companies According to Baker, new agreements with Simon Simon Property Group and RioCan Real Estate will help shareholders finally …

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Rumor: Hudson’s Bay Company Eyeing Dillard’s?

In Industry News, Reports, What's New by Jeff PrineLeave a Comment

Little Rock, AR—Dillard’s, the predominantly Southern-based department store, is apparently an acquisition target for Toronto-based Hudson’s Bay Company, according to The Deal. Supposedly HBC’s CEO Richard Baker is interested in Dillard’s because of its valuable real estate holdings and is “one of the better run” department store chains. It also …