Hudson's Bay Company

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.

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.

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.

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.

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.'

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.'

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.