Off 5th


New Off 5th in NYC to Feature First-Ever Gilt Shop

Power Couple

New York—Call it a meeting of the minds: fashion driven, affordable priced, often discounted, retailers combining efforts.For … [Read more...]

Hudson’s Bay Company to Buy Gilt for $250M

gilt

Toronto and New York--Hudson's Bay Company is continuing its expansion poly by announcing today that it has entered into a … [Read more...]

Sales Jump on Acquisitions, but HBC’s Loss Missed Estimates, Lowers Forecast

Hudson's Bay

Toronto and New York—While its recent European acquisitions helped with a 34% sales increase, Hudson’s Bay Company today reported … [Read more...]

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

Hudson's Bay

Toronto and New York--Hudson's Bay Company today announced a series of actions to position the department store ccompany to … [Read more...]

Hudson’s Bay to Open 3 of its Retail Brands in American Dream NJ

American Dream is being developed by The Triple Five Group of Companies, owners of the two largest shopping and entertainment centers in North America, Mall of America and West Edmonton Mall.

Toronto and New York--Hudson's Bay Company, which has been on a buying spree (Lord & Taylor, Saks Fifth Avenue, OFF 5th) today … [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...]

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...]

Hudson’s Bay Swings into Q1 Profit on Sales Boost

Hudson's Bay

Toronto—Hudson’s Bay Company reported Tuesday that it swung into first quarter profit thanks to more than doubling its retail … [Read more...]

Top Executives Named at Vera Bradley, Sorrelli, Dressbarn

Executive Moves

Vera Bradley Hires Former OFF Fifth President as CEO Fort Wayne, IN—Robert Wallstrom, a former executive with Saks Inc., has been … [Read more...]

Saks Inc. Swings into Larger-Than-Expected Q2 Loss

Proenza Schouler handbags at Saks Fifth Avenue

New York—While Saks Inc. has 40 days to find another company to outbid Hudson’s Bay Company’s $16 a share (about $2.4 billion) … [Read more...]

Hudson’s Bay Company to Buy Saks Inc. for $2.4 Billion

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

Toronto and New York—Hudson’s Bay Company confirmed today that it plans to buy Saks Inc. in a $2.4 billion deal that will bring … [Read more...]