Hudson's Bay Company

News & Analysis

Hudson's Bay to Close Dutch Stores on December 31

19 September 2019 • By Reuters

19 September 2019 • By Reuters

According to the Netherlands workers' union, 1,424 employees have been informed of the company's decision, and added that severance packages were 'respectful.'

News & Analysis

Hudson's Bay to Close Dutch Stores on December 31

According to the Netherlands workers' union, 1,424 employees have been informed of the company's decision, and added that severance packages were 'respectful.'

News & Analysis

Catalyst Reveals 16 Percent Stake in Saks Owner Hudson’s Bay

11 September 2019 • By Bloomberg

11 September 2019 • By Bloomberg

The company is poised to reveal that it owns about 29.4 million shares in Hudson’s Bay Co, having acquired about 18.5 million in July.

News & Analysis

Catalyst Reveals 16 Percent Stake in Saks Owner Hudson’s Bay

The company is poised to reveal that it owns about 29.4 million shares in Hudson’s Bay Co, having acquired about 18.5 million in July.

News & Analysis

Hudson’s Bay Chases Relevance

5 September 2019 • By Bloomberg

5 September 2019 • By Bloomberg

With millennial shoppers keener to buy online or directly from brands, Hudson's Bay has yet to offer something they can’t find somewhere else and risks drifting into irrelevance.

News & Analysis

Hudson’s Bay Chases Relevance

With millennial shoppers keener to buy online or directly from brands, Hudson's Bay has yet to offer something they can’t find somewhere else and risks drifting into irrelevance.

BoF Professional Exclusive

Lord & Taylor Has a Surprising New Owner. What Happens Now?

29 August 2019 • By Cathaleen Chen

BoF Professional Exclusive

Lord & Taylor Has a Surprising New Owner. What Happens Now?

Le Tote, a clothing rental service, has acquired the nearly 200-year-old department store chain, betting physical locations and Lord & Taylor's deep roster of brands will help grow the start-up's customer base.

News & Analysis

Hudson's Bay to Sell Lord & Taylor to Le Tote for $100 Million

28 August 2019 • By Bloomberg

28 August 2019 • By Bloomberg

The deal allows the Canadian retailer to divest operations of the struggling Lord & Taylor chain while holding onto the more valuable asset — the real estate on which the stores are located.

News & Analysis

Hudson's Bay to Sell Lord & Taylor to Le Tote for $100 Million

The deal allows the Canadian retailer to divest operations of the struggling Lord & Taylor chain while holding onto the more valuable asset — the real estate on which the stores are located.

News & Analysis

Hudson’s Bay Soars After Private Equity Firm Catalyst Buys Stake

19 August 2019 • By Reuters

19 August 2019 • By Reuters

Catalyst’s purchase of a minority stake adds to pressure on Chairman Richard Baker to boost his bid, which also faces opposition from activist investor Jonathan Litt.

News & Analysis

Hudson’s Bay Soars After Private Equity Firm Catalyst Buys Stake

Catalyst’s purchase of a minority stake adds to pressure on Chairman Richard Baker to boost his bid, which also faces opposition from activist investor Jonathan Litt.

News & Analysis

Hudson's Bay Panel Comments on Bid

2 August 2019 • By Reuters

2 August 2019 • By Reuters

Activist shareholder Jonathan Litt had lambasted the bid as "woefully inadequate" then, saying the company was worth double what the group was offering.

News & Analysis

Hudson's Bay Panel Comments on Bid

Activist shareholder Jonathan Litt had lambasted the bid as "woefully inadequate" then, saying the company was worth double what the group was offering.

News & Analysis

Catalyst Capital Seeks $114M Hudson's Bay Stake

23 July 2019 • By Reuters

23 July 2019 • By Reuters

The Private Equity firm offered to buy up to 14.85 million shares of the retail group in a bid to oppose Executive Chairman Richard Baker's plans to take the company private.

News & Analysis

Catalyst Capital Seeks $114M Hudson's Bay Stake

The Private Equity firm offered to buy up to 14.85 million shares of the retail group in a bid to oppose Executive Chairman Richard Baker's plans to take the company private.

Sponsored Feature

How Can Fashion Adopt Connected Consumer Strategies?

27 June 2019 • By BoF Team

27 June 2019 • By BoF Team

BoF brought executives from across the industry together to discuss how fashion can reimagine the consumer journey to create competitive advantage, in partnership with Affirm.

Sponsored Feature

How Can Fashion Adopt Connected Consumer Strategies?

BoF brought executives from across the industry together to discuss how fashion can reimagine the consumer journey to create competitive advantage, in partnership with Affirm.

News & Analysis

Hudson's Bay's Chairman's Buyout Bid Pits Retail Versus Real Estate

23 June 2019 • By Reuters

23 June 2019 • By Reuters

Much of the retailer's value is locked up in its real estate. Were it to sell off some of its properties to raise cash, it could fetch more than what Executive Chairman Richard Baker offered, but would then be forced to pay rent to run some of its stores.

News & Analysis

Hudson's Bay's Chairman's Buyout Bid Pits Retail Versus Real Estate

Much of the retailer's value is locked up in its real estate. Were it to sell off some of its properties to raise cash, it could fetch more than what Executive Chairman Richard Baker offered, but would then be forced to pay rent to run some of its stores.