Macy’s is said to be courting several buyers — but a sale is not that simple.
Hudson’s Bay Co. preannounces lower-than-expected Q2 comps; athletic shoe sales gain 15 percent.
The National Father’s Day Committee hosted its 75th Annual Father of the Year Awards luncheon Tuesday in New York.
Hudson’s Bay Co.’s Q1 net loss almost doubled to $97 million CAD, or $76.6 million, from $48 million CAD, or $37.9 million, in the comparable period.
Hudson’s Bay will continue its European expansion with the launch of up to 20 stores in the Netherlands over the next 24 months.
The discount concept store, called Find @ Lord & Taylor, will open next month in Paramus, N.J.
The transaction, valued at $2.8 billion, means HBC now operates banners in more than 464 locations, including its Saks Fifth Avenue and Lord & Taylor stores in the U.S.