Saks Fifth Avenue

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...]

What’s in Store for Holiday at Saks Fifth Avenue


Ho, Ho, Ho, the holidays are coming! In this ongoing column, we look at the accessories major stores are highlighting for the … [Read more...]

Saks, Entertainment Industry Foundation Name Julianne Moore to Campaign

Julianne Moore wears Jason Wu designed tee for 2015 Key To The Cure Campaign in partnership with Saks Fifth Avenue and Entertainment Industry Foundation's Stand Up To Cancer. (PRNewsFoto/Saks Fifth Avenue)

New York-- Saks Fifth Avenue and the Entertainment Industry Foundation (EIF) announced this week that Oscar-winning actress … [Read more...]

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...]

Tracy Margolies Named CMO at Saks Fifth Avenue


New York—After tapping an outsider, Marigay McKee of Harrods, Saks Fifth Avenue announced today that it is bringing back a former … [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...]

The Mall of San Juan Opens in Puerto Rico

A. Alfred Taubman with sons Robert and William Taubman join New Century Development, Inc. and other special guests to open The Mall of San Juan in Puerto Rico (Photo/Taubman Centers, Inc.)

San Juan, PR—Mall developer Taubman opened the Mall of San Juan, the first luxury shopping center in Puerto Rico. The … [Read more...]

The Galleria at Houston Undergoes $250 Million Transformation

Simon--Galleria Exterior

Houston—The Galleria at Houston is currently undergoing an extensive transformation and has announced several new-to-market luxury … [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...]