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Hudson's Bay Company

Hudson's Bay Company
Retail

Hudson's Bay Gets 'Unsolicited' Offer for Galeria Kaufhof

HBC reported Karstadt owner Signa has put in an "an incomplete, non-binding and unsolicited offer" to buy its main European asset, German department-store chain Galeria Kaufhof.

Retail

Hudson's Bay Gets 'Unsolicited' Offer for Galeria Kaufhof

HBC reported Karstadt owner Signa has put in an "an incomplete, non-binding and unsolicited offer" to buy its main European asset, German department-store chain Galeria Kaufhof.


News & Analysis

Hudson's Bay Exploring Sale of Downtown Vancouver Store

The news follows HBC's agreement last week to sell its Lord & Taylor flagship building for $850 million, as the department-store operator steps up efforts to extract value from its real estate holdings amid struggling sales.

News & Analysis

Hudson's Bay Exploring Sale of Downtown Vancouver Store

The news follows HBC's agreement last week to sell its Lord & Taylor flagship building for $850 million, as the department-store operator steps up efforts to extract value from its real estate holdings amid struggling sales.


Retail

Hudson Bay Company’s Richard Baker Speaks on Latest Strategic Move

The Canadian retail-real estate group’s mastermind explains why selling the historic Lord & Taylor building to WeWork Property Advisors, combined with an equity investment, will free up the company to continue executing its ‘transformation plan.'

Retail

Hudson Bay Company’s Richard Baker Speaks on Latest Strategic Move

The Canadian retail-real estate group’s mastermind explains why selling the historic Lord & Taylor building to WeWork Property Advisors, combined with an equity investment, will free up the company to continue executing its ‘transformation plan.'


Retail

Hudson's Bay Sells Lord & Taylor Building to WeWork to Cut Debt

WeWork will pay $850 million for the Fifth Avenue flagship, as the Canadian retail group faces pressure from investors to cut debt.

Retail

Hudson's Bay Sells Lord & Taylor Building to WeWork to Cut Debt

WeWork will pay $850 million for the Fifth Avenue flagship, as the Canadian retail group faces pressure from investors to cut debt.


Retail

Activist Investor May Seek Removal of Hudson's Bay Company Directors

Jonathan Litt continues to push for change at the Canadian department store group, announcing he may seek the removal of several directors following the recent departure of the CEO.

Retail

Activist Investor May Seek Removal of Hudson's Bay Company Directors

Jonathan Litt continues to push for change at the Canadian department store group, announcing he may seek the removal of several directors following the recent departure of the CEO.


Retail

Hudson’s Bay Company CEO Jerry Storch Is Leaving

Executive chairman Richard Baker will step in to lead the department store group as it continues on a cost-cutting transformation plan.

Retail

Hudson’s Bay Company CEO Jerry Storch Is Leaving

Executive chairman Richard Baker will step in to lead the department store group as it continues on a cost-cutting transformation plan.


Retail

Hudson's Bay Jumps on Report It's Reviewing Strategic Options

The company, which has already hired an investment bank in response to pressure from activist shareholder Land & Buildings, plans to hire an additional financial adviser to conduct the review, according to a new report.

Retail

Hudson's Bay Jumps on Report It's Reviewing Strategic Options

The company, which has already hired an investment bank in response to pressure from activist shareholder Land & Buildings, plans to hire an additional financial adviser to conduct the review, according to a new report.


Retail

Should Hudson's Bay Sell Saks Fifth Avenue?

Less than two months after the Canadian department store group announced a cost-cutting restructuring, rowdy activist investor Jonathan Litt is pushing the board to take more drastic action in confronting its challenges.

Retail

Should Hudson's Bay Sell Saks Fifth Avenue?

Less than two months after the Canadian department store group announced a cost-cutting restructuring, rowdy activist investor Jonathan Litt is pushing the board to take more drastic action in confronting its challenges.


Retail

Activist Investor Calls for Hudson's Bay to Sell Saks, Go Private

Land & Buildings Investment Management said it may call for new directors at Hudson’s Bay Co. if the company ignores its suggestions for unlocking value.

Retail

Activist Investor Calls for Hudson's Bay to Sell Saks, Go Private

Land & Buildings Investment Management said it may call for new directors at Hudson’s Bay Co. if the company ignores its suggestions for unlocking value.


Financial Markets

Hudson's Bay Targeted by Activist Investor Land & Buildings

Land & Buildings Investment Management, which owns 4.3 percent of Hudson's Bay, urged it to unlock the value of its real estate portfolio and explore a take-private transaction.

Financial Markets

Hudson's Bay Targeted by Activist Investor Land & Buildings

Land & Buildings Investment Management, which owns 4.3 percent of Hudson's Bay, urged it to unlock the value of its real estate portfolio and explore a take-private transaction.