Hudson’s Bay CEO Baker Says Looking at Creating a REIT

| News & Analysis

Topshop at The Bay | Source: Courtesy Photo

TORONTO, Canada — Hudson’s Bay Co., the Canadian retailer that went public in November, is looking at creating a real estate investment trust. The company’s real estate is “advantageous” as HBC can use it for financing and to keep costs down, chief executive officer Richard Baker said in a phone interview from New York today.

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The Fashion Trail | Vancouver’s Digital Olympics

Global Briefing | Global Currents | Intelligence | The Fashion Trail

Vancouver Red Mittens | Source: Hudson's Bay Company

VANCOUVER, Canada — Every two years that global extravaganza called the Olympic Games alternates between summer and winter sports. Next in line is Vancouver which will host the XXI Olympic Winter Games between 12-28 February 2010, costing the city in excess of $1.5 billion. Over the weekend, Tyler Brûlé reckoned in the Financial Times that Canada is wasting an opportunity to re-brand itself to the world, using the Olympics as a

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