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Company News
Nov 02, 2017
Corrects Inaccurate Statements by Land & Buildings TORONTO & NEW YORK --(BUSINESS WIRE)-- HBC (TSX:HBC) today responded to the inaccurate public statements made by Land & Buildings in its press release issued November 1, 2017 regarding the Company's previously announced strategic transactions
Nov 01, 2017
TORONTO & NEW YORK --(BUSINESS WIRE)-- HBC (TSX: HBC), at the request of Investment Industry Regulatory Organization of Canada (IIROC), is commenting on market speculation regarding an unsolicited offer for its German business. The Company confirms that it received today an incomplete, non-binding
Oct 30, 2017
Oct 24, 2017
Rhône Capital to Make U.S. $500 Million Equity Investment in HBC; WeWork Property Advisors , a Joint Venture Between WeWork and Rhône , Expects to Assume Part of this Equity Investment WeWork Property Advisors to Acquire Lord & Taylor Fifth Avenue Building in a Transaction Valued at U.S.
Oct 20, 2017
Jerry Storch Steps Down as CEO Governor and Executive Chairman Richard Baker to Reassume CEO Role on an Interim Basis TORONTO --(BUSINESS WIRE)-- HBC (TSX: HBC) today announced that Gerald L. (Jerry) Storch has stepped down as Chief Executive Officer, effective November 1, 2017 , to return to his
Sep 05, 2017
Second Quarter retail sales increased 1.2% to $3.3 billion , led by digital sales growth Comparable sales at Saks Fifth Avenue grew the most in more than two years, up 1.7% on a constant currency basis; Total HBC comparable sales trends improved from the first quarter, declining by 1.3% on a
Aug 24, 2017
TORONTO & NEW YORK --(BUSINESS WIRE)-- HBC or the "Company" (TSX: HBC) today announced Don Watros has made the decision to leave HBC effective September 29, 2017 . "With a seasoned leadership team in place in Europe and our plans to bring Hudson's Bay to the Netherlands and Saks OFF 5TH to Europe
Aug 23, 2017
TORONTO & NEW YORK --(BUSINESS WIRE)-- HBC (TSX: HBC) is scheduled to announce full financial results for the quarter ended July 29, 2017 after the close of the financial markets on September 5, 2017 . Senior management will discuss financial results and other matters during a conference call on
Aug 17, 2017
TORONTO & NEW YORK --(BUSINESS WIRE)-- HBC or the "Company" (TSX: HBC) today announced Edward Record has been named Chief Financial Officer, effective August 28, 2017 . Mr. Record will report to Jerry Storch , CEO, HBC and serve as a member of the Company's Operating Committee.
Jul 07, 2017
TORONTO & NEW YORK --(BUSINESS WIRE)-- HBC or the "Company" (TSX: HBC) provided an update today announcing that Paul Beesley , the Company's Chief Financial Officer, will remain in his current role while HBC continues its CFO search. As announced previously, the Company has engaged a leading
Jun 19, 2017
TORONTO & NEW YORK --(BUSINESS WIRE)-- HBC or the "Company" (TSX: HBC ) today received a letter addressed to its board of directors from Jonathan Litt , CIO of Land and Buildings. The Company is reviewing the letter and will respond in due course. About Hudson's Bay Company HBC is a diversified
Jun 14, 2017
TORONTO & NEW YORK --(BUSINESS WIRE)-- HBC (TSX: HBC) announced that all of the nominees listed in its management information circular dated April 24, 2017 (" Circular ") were elected as directors of HBC at the annual meeting of shareholders ("" Meeting ") held today in Toronto .
Jun 08, 2017
HBC Reports First Quarter 2017 Financial Result   First Quarter retail sales decreased 3.0% to $3.2 billion , a decrease of 2.9% on a constant currency comparable basis First Quarter comparable digital sales increased 5.4% on a constant currency basis, increasing 13.2% at HBC's department store
Jun 08, 2017
HBC Names Alison Coville President of Hudson's Bay   Hudson's Bay Executive with More Than 30 Years of Experience in the Canadian Retail Market to Lead the Country's Most Iconic Retailer   TORONTO --(BUSINESS WIRE)-- HBC today announced that Alison Coville has been named President of Hudson's Bay.
Jun 08, 2017
HBC Announces Transformation Plan for North American Operations to Deliver Best-in-Class All-Channel Customer Experience   Expected to Generate More than $350 Million in Annual Savings when Fully Implemented Transformation Focuses on Streamlining Operations, Increasing Efficiencies and Leveraging
May 11, 2017
TORONTO & NEW YORK --(BUSINESS WIRE)-- HBC or the "Company" (TSX: HBC ) today announced its comparable sales results for the first quarter ended April 29, 2017 , as well as the release date and conference call details for first quarter 2017 financial results.
May 02, 2017
TORONTO & NEW YORK --(BUSINESS WIRE)-- HBC or the "Company" (TSX: HBC ) today announced that the company's Chief Financial Officer, Paul Beesley , has made the decision to resign in early July in order to return home to Canada to be closer to his family. Mr.
Apr 26, 2017
Apr 20, 2017
Commitment to Raise 6 Million Canadian Dollars Over Three Years to Support Mental Health Programs in the U.S. and Canada TORONTO & NEW YORK --(BUSINESS WIRE)-- Hudson's Bay Company (HBC) today announced the launch of its new HBC Foundation in the United States .
Apr 06, 2017
Dr. Link to establish and drive European strategy including direction of HBC's €1 billion capital commitment in Germany TORONTO & NEW YORK & COLOGNE, Germany --(BUSINESS WIRE)-- Hudson's Bay Company (TSX: HBC) today announced the appointment of Dr. Wolfgang Link as Chief Executive Officer of HBC
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