2 weeks ago Macy’s vs. HBC: Two Different Takes on the Ecommerce Spinoff Shareholder activists are nothing new — some sources credit Warren Buffet’s mentor Jeff Gramm as the first activist investor, nearly 95 years…
4 months ago Kohl’s Confirms it’s in Talks with Potential Buyers, Defends ‘Standalone Strategy’ Kohl’s has confirmed reports that it is in discussion with a number of parties interested in acquiring its business, saying in a…
7 months ago The Bay Continues ‘Digital-First Transformation’ with New Merchandising Solution The Bay, the ecommerce business of Canadian retailer Hudson’s Bay, has partnered with NuORDER by Lightspeed to optimize its in-house buying and…
11 months ago In Third Physical-Digital Split This Year, HBC Divides Hudson’s Bay Into Online and In-Store Businesses HBC will separate Hudson’s Bay into distinct brick-and-mortar and ecommerce businesses in an effort to accelerate the brand’s digital-first transformation. The new…
1 year ago HBC Splits Saks OFF 5TH Into Online and In-Store Businesses — a Path Other Brands May Follow HBC will spin off the ecommerce operations of Saks OFF 5TH into its own independent entity through a partnership with Insight Partners….
1 year ago HBC Splits Saks Fifth Avenue Into Separate Ecommerce and Brick-and-Mortar Businesses HBC will spin off Saks Fifth Avenue’s ecommerce business as a standalone entity that will be called Saks. Growth capital investor Insight…
2 years ago HBC Names Nordstrom Veteran President Of Saks OFF 5TH Hudson’s Bay Company (HBC) has hired Paige Thomas as President of Saks OFF 5TH, effective immediately. The appointment will allow Saks Fifth…
3 years ago Hudson’s Bay Exits Netherlands, Will Close 15 Stores, HQ And E-Commerce Site Hudson’s Bay Co. (HBC) will shutter its 15 Hudson’s Bay stores, e-Commerce site and headquarters in the Netherlands by Dec. 31, 2019….
3 years ago Le Tote Buys Lord + Taylor For Nearly $100 Million Hudson’s Bay Company (HBC) will sell Lord + Taylor to Le Tote, a fashion rental subscription service, for $99.5 million. Additionally, HBC…
3 years ago HBC To Shutter Home Outfitters Chain, Up To 20 Saks OFF 5TH Stores Hudson Bay’s Company (HBC) will close its Home Outfitters business in Canada in 2019, and may shutter up to 20 Saks OFF…
4 years ago German Department Stores Merge As Competition With Amazon Heats Up Hudson’s Bay Company (HBC) and Signa Retail Holdings, a European retail and real estate operator, have agreed to merge two of Germany’s…
4 years ago Hudson’s Bay Sells Gilt To Rue La La, Vacates Lord & Taylor NYC Flagship Store Hudson’s Bay Company (HBC), which acquired Gilt Groupe for $250 million only two years ago, agreed to sell the flash sale business…