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Company News
Feb 28, 2017
Feb 28, 2017
Feb 23, 2017
Provides Update on Comprehensive Operational Review Comparable Sales on a Constant Currency Basis Improved Over the Third Quarter at All Banners, Led by Positive Comparable Sales Growth at DSG and Saks Fifth Avenue Efficiency Measures Announced Today Expected to Save $75M annually Announces Release
Feb 07, 2017
TORONTO & NEW YORK --(BUSINESS WIRE)-- (all values in U.S. Dollars) - Hudson's Bay Company ("HBC" or the "Company") (TSX: HBC ) is pleased to announce the closing of an amendment to its asset-based revolving credit facility ("Global ABL") that increases its total capacity by $350 million to a total
Jan 09, 2017
TORONTO & NEW YORK --(BUSINESS WIRE)-- Hudson's Bay Company ("HBC" or the "Company") (TSX: HBC ) today announced its comparable sales results for the nine week period ending December 31, 2016 , and provided an update on its financial outlook for Fiscal 2016.
Dec 05, 2016
Consolidated retail sales increased 28.6% to $3.3 billion from $2.6 billion a year ago Digital sales at Legacy HBC grew 12.9% on a constant currency comparable basis Inventory levels on a comparable basis declined approximately 2% from a year ago as a result of the Company's disciplined focus on
Nov 10, 2016
TORONTO & NEW YORK --(BUSINESS WIRE)-- Hudson's Bay Company ("HBC" or the "Company") (TSX: HBC ) today announced its comparable sales results and release date for financial results for the third quarter ended October 29, 2016 . Jerry Storch , Chief Executive Officer, HBC commented, "The apparel
Nov 04, 2016
State-of the-art technology catapults HBC to the forefront of e-commerce distribution New system operational in advance of important holiday shopping season TORONTO --(BUSINESS WIRE)-- Hudson's Bay Company (TSX:HBC) today unveiled a new state-of-the-art robotic fulfillment system, which propels
Oct 24, 2016
TORONTO & NEW YORK --(BUSINESS WIRE)-- Hudson's Bay Company (TSX: HBC ) today announced the appointment of Ed Burstell as Head of Partnerships. In this newly created position, Mr. Burstell will develop and lead partnerships to drive innovative and exclusive offerings across all of HBC's banners
Sep 28, 2016
Sep 28, 2016
Sep 22, 2016
Flagship Montreal Saks Fifth Avenue will be largest to open in Canada Hudson's Bay will introduce modernized shopping experience NEW YORK & MONTREAL --(BUSINESS WIRE)-- Hudson's Bay Company (TSX: HBC ) today announced plans to open its first Quebec Saks Fifth Avenue location in Montreal , within
Sep 08, 2016
Sep 06, 2016
Adjusted EBITDAR increased 113.8% to $263 million ; An increase of 210 basis points as a percentage of retail sales Adjusted EBITDA increased 55.8% to $81 million despite additional expenses related to the Joint Ventures Consolidated retail sales increased 59.6% to $3.3 billion , with comparable
Aug 11, 2016
Consolidated Comparable Sales Grew 1.9%, Down 1.3% on a Constant Currency Basis Comparable Sales at Department Store Group ("DSG") Grew 2.6%, Up 1.1% on a Constant Currency Basis Led by Strength at the Hudson's Bay Banner Comparable Sales at Saks Fifth Avenue improved considerably, Up 2.7%; Down
Jul 22, 2016
Modernisierung der Galeria-Kaufhof-Hauptverwaltung in Köln als neue Zentrale von HBC Europe
Jul 22, 2016
Galeria Kaufhof head office to be modernized as new headquarters of HBC Europe
Jul 19, 2016
5 Year Mortgage on Lord & Taylor Flagship in New York City Independent Appraisal Valuing Property at U.S. $655 million HBC Continues to Unlock Value from its Real Estate Portfolio Net Proceeds Used to Refinance Existing Mortgage and Reduce Outstanding Revolving Credit Facility TORONTO & NEW YORK
Jul 14, 2016
Jul 14, 2016
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