July 23, 2015

Hudson’s Bay Company (HBC) is capitalizing on 42 real estate assets. 

June 11, 2015

Hudson’s Bay Co. swung a net loss of $54 million in the first quarter of fiscal 2015 from net earnings of $176 million in the year-ago period. 

February 25, 2015

Canadian retail giant Hudson’s Bay Co. (HBC) has entered into two blockbuster deals, forming joint ventures with Simon Property Group and Canada’s RioCan Real Estate Investment Trust to target real estate growth opportunities in the United States and Canada. Both ventures are structured to facilitate an IPO at a later date.

December 17, 2014

Hudson’s Bay Co. has named Gerald Storch, the former CEO of Toys “R” Us, as its new CEO, effective January 6. 

December 4, 2014

Hudson’s Bay Company is launching a new credit card program with Capital One Financial Corp. that includes the Saks Fifth Avenue banner.

November 24, 2014

It appears that Hudson’s Bay Co. got itself quite a deal when it purchased Saks Fifth Avenue in 2013 for the sum of $2.9 billion, including debt. Saks’s signature  Fifth Avenue flagship has recently been appraised at an whopping $3.65 billion—significantly more than Hudson’s Bay paid for the entire chain.

May 7, 2014

Hudson’s Bay Company named Paul V. Beesley as CFO, effective in June.

November 14, 2013

To help increase profitability, Hudson’s Bay Company (HBC) launched a promotion optimization initiative in Canada to improve the ROI of its flyers, or newspaper ads.

October 22, 2013

Saks Inc. has settled lawsuits from investors related to its proposed buyout by Hudson’s Bay Company (HBC).