Hudson's Bay Company


HBC to Expand into Europe with $2.73B Purchase of German Dept. Store

Galeria Kaufhof store in Frankfort

Toronto—After making inroads into dominating the North American department store market with the addition of Lord & Taylor and … [Read more...]

Despite Sales Increase, Hudson’s Bay Co. Posts $54 Million Q1 Loss on Costs

Hudson's Bay

Toronto--Hudson’s Bay Company reported Wednesday a $54 million swing into a first quarter loss due to administrative costs even as … [Read more...]

Hudson’s Bay Shares Jump on Upbeat Sales Forecast

Hudson's Bay

Canadian-U.S. department store operator Hudson's Bay Co forecast higher-than-expected sales for the coming year based on robust … [Read more...]

Marc Metrick Named Saks Prez; McKee Out After 15 Months

Marc Metrick_01 HiRes

New York--Marc Metrick, is the new President of Saks Fifth Avenue, announced Hudson Bay's Company, Saks' parent. He replaces … [Read more...]

Hudson’s Bay Launches Two Real Estate Joint Ventures

Part of the Deal: Saks Fifth Avenue flagship in Beverly Hills

Toronto and New York—In another display of Chairman/CEO Richard Baker’s acumen, Hudson’s Bay Company announced today it would be … [Read more...]

MaryAnne Morin Named Chief Merchant at Hudson’s Bay Company

MaryAnneMorin

Toronto--Hudson’s Bay Company has confirmed that MaryAnne Morin has been promoted to chief merchant of the HBC Department Store … [Read more...]

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

Dillard's storefront

Little Rock, AR—Dillard’s, the predominantly Southern-based department store, is apparently an acquisition target for … [Read more...]

HBC Q3 Loss Narrows, Sales Double with Saks’ Help

One-of-a-kind creations by Michael Southgate featured in Saks Fifth Avenue flagship's Holiday Windows

Toronto—Its acquisition last year of Saks Inc. enabled Hudson Bay Co. to nearly double its retail sales and post a smaller third … [Read more...]

HBC Takes $1.25 Billion Mortgage on Saks Flagship

Saks Fifth Avenue's New York flagship, one of the prime retail locations in the world

Toronto--Hudson’s Bay Company (HBC) announced a $1.25 billion 20-year mortgage on the ground floor of the Saks flagship in … [Read more...]

Saks to Open Second NYC Store in Financial District

Brookfield-Pavilion

Toronto and New York--Hudson’s Bay Company announced today that it has signed a lease with Brookfield Property Partners L.P. … [Read more...]

Sales Surge Helps Hudson’s Bay Co. Narrow Q2 Loss

bay days

Toronto—Canadians are jumping all over Hudson's Bay Co. discount brand Saks Fifth Avenue Off 5th. Saks Fifth Avenue Off 5th … [Read more...]

Week in Review: 10 to Know

Diane von Furstenberg with CFDA CEO Steven Kolb (Photo: Billy Farrell Agency)

Week in Review: 10 to Know New York—If your name is Diane von Furstenberg, you had a pretty good week. (The only potential name … [Read more...]