Hudson's Bay Company
Struggling discount retailer Target Canada is tackling its supply chain and merchandising issues as part of broader plans to try to fix its...
Western brands and retailers are “deeply implicated” in the current unrest gripping the Cambodian apparel sector – but they can also be part...
| 30 Jul 2013
Canadian department store retailer Hudson's Bay yesterday (29 July) submitted a bid for luxury US based retailer Saks after months of speculation. But analysts are taking a mixed view of the US$2.9bn deal, with one saying it "undervalues" the shares while another describing it as a "compelling" offer.
| 14 Jan 2011
Having been criticised for being slow to cash in on the potential of international expansion, US discount retailer Target Corp is now making up for lost time with a CAD1.825bn (US$1.83bn) swoop on Canadian discount chain Zellers.
| 15 Jun 2015
Canadian retail group Hudson's Bay (HBC) has acquired the Galeria Kaufhof department store chain from German retail conglomerate Metro Group in a move that will allow it to expand its presence in Europe.
| 7 Apr 2015
Canadian department store operator Hudson's Bay more than tripled its fourth-quarter net profit, driven by a surge in digital sales and further progress with the integration of luxury retailer Saks.
| 18 Dec 2014
Canadian department store operator Hudson's Bay Company has appointed retail veteran Gerald Storch as chief executive.
| 9 Dec 2014
Canadian department store operator Hudson's Bay Company has narrowed its net loss in the third quarter and reaffirmed its guidance for the full year.
| 25 Nov 2014
Canadian department store operator Hudson's Bay Company has outlined a US$1.25bn refinancing plan that will allow it to improve and renovate its Saks flagship store.
| 12 Sep 2014
Canadian department store operator Hudson's Bay Company has more than halved its losses during the second quarter, thanks to a near-doubling of sales.
| 3 Jun 2014
Canadian department store operator Hudson's Bay Company swung to a profit in its first-quarter after its acquisition of Saks last year more than doubled retail sales.
| 7 May 2014
Canadian department store retailer Hudson's Bay Company has appointed Paul Beesley as its new chief financial officer.
| 4 Apr 2014
Higher costs related to its CAD2.9bn (US$2.63bn) acquisition of luxury retailer Saks resulted in a 67% decline in fourth-quarter profit for Canadian department store operator Hudson's Bay Company.
| 30 Jan 2014
Canadian department store retailer Hudson's Bay Company has created a new digital division, which will be led by Michael Burgess.
| 28 Jan 2014
Department store retailer Hudson's Bay Company is to open its first two Saks stores in Canada, as part of a sale and leaseback deal with Cadillac Fairview.
| 24 Jan 2014
Hudson's Bay Company CFO Michael Culhane has taken a leave of absence, with COO Donald Watros assuming the additional role of acting CFO with immediate effect.
| 20 Jan 2014
US-based luxury retailer Saks Fifth Avenue has confirmed its general merchandise manager, Joseph Boitano, is to step down.
| 9 Jan 2014
Canadian department store operator Hudson's Bay Company has appointed Jonathan Greller to head up its outlet stores.
| 18 Dec 2013
Twenty-five Canadian organisations have called on the country's retailers and brands to sign the Bangladesh Accord on Fire and Building Safety.
| 17 Dec 2013
Canadian department store operator Hudson's Bay Company has promoted its COO, Donald Watros, to the newly-expanded role of president.
| 11 Dec 2013
Canadian department store operator Hudson's Bay Company saw its net losses widen in the third quarter, hurt by costs related to its purchase of Saks.
| 18 Nov 2013
Canadian department store retailer Hudson's Bay has promoted a number of people to senior positions within the company as it shores up its new executive team.
| 5 Nov 2013
Canadian department store operator Hudson's Bay Company has completed its US$2.9bn acquisition of US-based luxury retailer Saks.
| 31 Oct 2013
Saks shareholders have approved its merger with Canadian department store retailer Hudson's Bay Company, in a move that creates a leading upscale North American fashion retail business.
| 28 Oct 2013
Canadian department store operator Hudson's Bay Company has appointed Russ Hardin as its new chief creative officer and senior vice president.
| 11 Oct 2013
The group representing more than 90 fashion retailers and brands working to improve fire and building safety in Bangladesh's garment industry has admitted that a fatal fire in a fabric mill earlier this week shows there is "still a long way to go" to achieving this goal.
| 10 Oct 2013
The death of at least nine workers in a fire at a fabric mill in Bangladesh earlier this week has led to renewed calls for efforts to ensure safe conditions in the country's garment sector - as well as questions on the extent to which audits need to be carried out further down the supply chain.
| 9 Oct 2013
The safety of Bangladesh's textile and garment industry has been called into question again today (9 October) after at least seven people were killed in a fire at a fabric factory at Sreepur in the district of Gazipur, around 40km north of Dhaka.
| 9 Oct 2013
Saks chairman and CEO Stephen Sadove, who is set to leave the department store operator following its merger with the Hudson's Bay Company, has been lined up to join the board of JC Penney.
| 26 Sep 2013
Canadian department store operator Hudson's Bay Company is reportedly planning to capitalise on its acquisition of luxury retailer Saks by potentially opening stores in Europe and Asia.
| 14 Oct 2013
The safety of Bangladesh's textile and garment industry has been called into question again after at least seven people were killed last week in a fire at a fabric mill. More than 50 people were also injured in the blaze at Aswad Composite Mills Limited, part of the Palmal Group.
| 5 Aug 2013
A $2.9bn deal that brings together the Hudson's Bay, Lord & Taylor and Saks Fifth Avenue brands into a combined company with 320 stores in the US and Canada was finally confirmed last week after months of speculation.
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