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HBAYF News and Press, Hudson's Bay Co. From 09/05/19

Stock Information

Company Name: Hudson's Bay Co.
Stock Symbol: HBAYF
Market: OTC
Website: www3.hbc.com

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HBAYF - Hudson's Bay Continues To Shed Unprofitable Operations

Hudson's Bay ( HBAYF ) is continuing to prune its unprofitable operations by selling Lord + Taylor (while keeping the real estate) to the clothing subscription company Le Tote and shutting down its stores in the Netherlands. This has the potential to improve Hudson's Bay's results by over 10...

HBAYF - Hudson's Bay Is Paying Le Tote to Take Lord & Taylor

Earlier this year, Hudson's Bay (OTC: HBAYF) announced that it was considering strategic alternatives for its long-suffering Lord & Taylor brand. Even the best-run U.S. department stores have struggled in the face of the ongoing retail apocalypse, and Lord & Taylor hasn't been one ...

HBAYF - Wall Street Breakfast: Trade Optimism Resurfaces

Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha , iTunes , Stitcher and Spotify (click the highlighted links). U.S. stock index futures are continuing a pre-Labor Day rally, with the DJIA up by 228 points , as ...

HBAYF - Hudson's Bay sells Lord & Taylor to Le Tote

Hudson's Bay Company ( OTCPK:HBAYF ) announces the sale of Lord & Taylor to clothing rental service Le Tote for $75M in cash and $25M in the form of a secured promissory note payable after two years. More news on: Hudson's Bay Company, Stitch Fix, Inc., Nordstrom, Inc., Consumer stoc...

HBAYF - Recent REIT Activist Moves

Land & Buildings Investment Management focuses on finding and unlocking value from real estate owned by publicly listed companies. Their latest Form ADV shows $577 million in AUM as of December 31, 2018, and their latest 13F shows $404 million in securities. They invest mostly in the U...

HBAYF - Department store saga gets worse

U.S. department stores are on pace to see an even larger drop in sales this year than the 20% decline recorded in 2018, according to information from the U.S. Census Bureau. More news on: Nordstrom, Inc., Hudson's Bay Company, Kohl's Corporation, Consumer stocks news Read more ...

HBAYF - Barneys New York explores bankruptcy filing

Facing a liquidity crunch, Barneys New York is reportedly exploring options that include a bankruptcy filing, which could come as soon as this month. More news on: Nordstrom, Inc., Hudson's Bay Company, Macy's, Inc., Consumer stocks news, Top stock market news, Read more ...

HBAYF - Investor Litt says Hudson's Bay worth double chairman's C$1.74B bid - Reuters

Activist shareholder Jonathan Litt has reportedly criticized C$1.74B take over bid Hudson’s Bay ( OTCPK:HBAYF -2.9% ) as “woefully inadequate”. More news on: Hudson's Bay Company, Merger & acquisition news, Consumer stocks news Read more ...

HBAYF - Hudson's Bay: Hoping For A Higher Take Private Bid

There has been a lot of news around Hudson's Bay (HBAYF) recently, with its decision to divest its German real estate and operations and the offer to take Hudson's Bay private at $9.45 CAD (approximately $7.04 USD) per share. Overall, Hudson's Bay's retail results look mixed still, although ...

HBAYF - Canada Goose: The Ascent To $1 Billion

We have previously called Canada Goose (GOOS) the very definition of "New Age Retail" brands here and more recently outlined the key growth initiatives of the company here . As part of this article, we will outline how Canada Goose performed in the last few quarters as well as update on the...

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