HBAYF News and Press, Hudson's Bay Co. From 10/21/19

Hudson's Bay Company ( OTCPK:HBAYF ) agrees to a buyout at C$10.30 per share by a group of current shareholders. More news on: Hudson's Bay Company, Consumer stocks news, Global news and forex, Merger & acquisition news, Read more ...

Two months ago, Barneys New York filed for bankruptcy, brought down by a combination of slowing sales and a sharp increase in the rent for two of its flagship stores. Since then, management has been scrambling to avoid liquidation. Unfortunately, the potential buyers most likely to keep Barneys...

Saks Inc. is looking to join with Authentic Brands to make a bid for Barneys New York, sources tell The Wall Street Journal . More news on: Hudson's Bay Company, BlackRock, Inc., Consumer stocks news, Merger & acquisition news Read more ...

In the decade after he bought Hudson's Bay (OTC: HBAYF) in 2008, company chairman Richard Baker spearheaded a global expansion for the Canadian department store chain. Unfortunately, this growth produced decidedly mixed results. Hudson's Bay acquired a number of desirable assets, but it also...

Hudson's Bay's ( HBAYF ) core operations (Hudson's Bay, Saks Fifth Avenue and Saks OFF 5TH) have come under some pressure as well due to a very promotional market environment. This has dented its gross margins and kept continuing operations comps at around flat, despite the positive effect of ...

Over the past year and a half, CEO Helena Foulkes has spearheaded an aggressive downsizing campaign at Hudson's Bay (OTC: HBAYF) . This plan is in its final stages, and it has enabled the international department store conglomerate to exit underperforming business lines and reduce its debt lo...

Hudson’s Bay ( OTCPK:HBAYF -0.9% ) reported a wider Q2 loss to $462M compared to $104M last year, hurt by several shuttered stores, heavy discounting and declining sales at the retailer’s namesake brand. More news on: Hudson's Bay Company, Consumer stocks news, Rea...

Hudson's Bay Co (HBAYF) Q2 2019 Earnings Conference Call September 12, 2019, 08:30 ET Company Participants Jennifer Bewley - Head, IR Helena Foulkes - CEO & Director Rebecca Roof - Interim CFO Conference Call Participants Patricia Baker - Scotiabank Oliver Chen - Cowe...

Introduction Hudson's Bay Company's ( HBAYF ) decision to unload its struggling US department store Lord & Taylor for only $100 million to online apparel renter Le Tote should startle investors. While the price may cause this divestiture to appear to be an acknowledgement of another depa...

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...