Hudson’s Bay on Thursday (Aug. 12) announced the separation of its business into separate entities, one for in-store sales and another for eCommerce, as part an increased focus on its digital-first transformation. The eCommerce division will be known as The Bay and will be responsible...
As Canadian Tire and Hudson’s Bay Company (HBC) had not successfully changed to meet the shifting shopping routines of customers even pre-pandemic, one expert claims that the retailers could be the next merchants to run into difficulty amid COVID-19, CTV News reported. Canadian Tire recently...
After helping to blaze the path for Hudson’s Bay Co. to go private, the company’s chief executive is departing the firm. Helena Foulkes, who is expected to leave in the weeks to come, came to the Saks Fifth Avenue parent from CVS Health Co. and...
The latest results of the department store operator Hudson’s Bay Company showed the impact of discounts at its Saks Fifth Avenue operations, along with lower same-store sales. The Canadian firm, which owns Saks Fifth Avenue, said sales at stores that have been open for at...
March 16, 2022
Canadian department store chain Hudson’s Bay Co. is trying to acquire Kohl’s, a source familiar with the situation told Reuters for its report Wednesday (March 16). Kohl’s shares neared $63 on Wednesday, which would value the company at $8.76 billion. The Wall Street Journal reported that private equity firm Sycamore Partners and Hudson’s Bay are […]
August 12, 2021
Hudson’s Bay on Thursday (Aug. 12) announced the separation of its business into separate entities, one for in-store sales and another for eCommerce, as part an increased focus on its...
August 12, 2020
As Canadian Tire and Hudson’s Bay Company (HBC) had not successfully changed to meet the shifting shopping routines of customers even pre-pandemic, one expert claims that the retailers could be...
March 03, 2020
After helping to blaze the path for Hudson’s Bay Co. to go private, the company’s chief executive is departing the firm. Helena Foulkes, who is expected to leave in the...
