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Hudson's Bay Co. (HBC)

  • Analysis: Macy’s making some progress

    Neil Saunders, managing director of GlobalData Retail, comments on Macy’s fourth quarter results:   
  • Hudson’s Bay reportedly approaches Macy’s about a takeover

    A blockbuster deal in retail could be on the horizon. Or not.   Canada’s Hudson's Bay Company has approached Macy’s about a takeover, reported The Wall Street Journal, citing people familiar with the matter.   The talks between the companies are in the early stages and could lead to something other than an acquisition, according to the Journal, such as a deal for Macy’s real estate, which could be valued at roughly $14 billion. The talks could also go nowhere.
  • Chief merchant of Hudson’s Bay and Lord & Taylor leaves for exec role at Stein Mart

    A veteran retail merchandiser is leaving Hudson’s Bay to join Stein Mart.   The off-price announced that MaryAnne Morin will join Stein Mart as president, effective Feb. 6, with responsibility for merchandising and marketing.      
  • Another department store retailer cuts sales outlook in wake of gloomy holiday

    Hudson's Bay Co. is the latest department store retailer to report weak holiday sales.   The Canadian retailer, whose banners include Hudson’s Bay, Saks Fifth Avenue and Lord & Taylor, reported a 0.7% decrease in consolidated comparable sales in the nine-week holiday selling period that ended Dec. 31.  
  • Coach taps former Saks exec as new finance head

    Coach announced the appointment of Kevin G. Wills as CFO, effective no later than March 2017.   Wills joins the upscale specialty retailer from AlixPartners LLP, a global business advisory firm, where he has served as managing director and CFO since March 2014.    
  • RILA Supply Chain Conference coming in February

    Logistics and supply chain executives from such retail powerhouses as Walmart, Target, Hudson’s Bay Company,  7-Eleven, Neiman Marcus, and The Home Depot will be among the speakers at the Retail Industry Leaders Association’s annual Retail Supply Chain Conference.

  • Hudson’s Bay Co. expands robotics to U.S. operations

    Hudson’s Bay Co. is bullish on robotics.   
  • Tech Bytes: Want to succeed this holiday season? Build up the ‘team’

    Clearly, Cyber Week’s promotions helped to produce record-breaking sales — but discounts alone won’t drive success this holiday season.   Let’s face it — even the best deals won’t matter if a retailer doesn’t have those highly-coveted Hatchimals or wireless Dr. Dre Beats in-stock and ready to be shipped in record-time. This battle will be won with a focused staff that is trained and ready to handle an onslaught of incoming orders; respond to customer questions and efficiently fulfill orders.
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