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6 days ago · The Hudson’s Bay Company has struck a deal to acquire US-based luxury retail chain Neiman Marcus, as first reported in the Wall Street Journal. The $2.65 billion deal involves Amazon becoming a minority shareholder in the newly formed Saks Global division, which will operate in the US while its Canadian Saks operations with three stores ...
13 hours ago · The Hudson's Bay Company (HBC; French: Compagnie de la Baie d'Hudson) is an American and Canadian-based retail business group.
5 days ago · HBC's US$2.65 billion acquisition, announced Thursday, delivers Canada's oldest company ownership of Dallas-based Neiman Marcus Group, which has a network of 38 luxury department stores under the...
4 days ago · Retail consultants say Hudson’s Bay Co. should apply lessons it learns from a newly-announced deal uniting several department store giants to its Bay business. The deal announced Thursday...
4 days ago · But the deal also leaves plenty of room to apply lessons from Saks to its Bay business, especially because the agreement brings two big tech names into the fold. As part of the transaction,...
14 hours ago · The world-renowned Grace Bay Club is the developer’s flagship property, featuring 136 oceanfront suites sitting along an 1,100-foot stretch of beachfront in the heart of Grace Bay. But in the ...
5 days ago · TORONTO — Several North American department stores are joining forces under a deal that will see Hudson’s Bay Co. buy Neiman Marcus and spin it out into a larger business along with some of its other prestige retailers. HBC’s US$2.65 billion acquisition, announced Thursday, delivers Canada’s oldest company ownership of Dallas-based ...