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Hudson's Bay Co. HBAYF

Hudson's Bay Co, or HBC, is a Canadian retail business group. The company operates department stores throughout Canada, Belgium, Germany, and the United States under various banners. These banners include Saks Fifth Avenue, Hudson's Bay, Lord & Taylor, and Off 5th in North America and Galeria Kaufhof, Galeria Inno, and Sportarena in Europe. HBC also has investments in real estate joint ventures. In Canada, it has partnered with RioCan Real Estate Investment Trust in the RioCan-HBC joint venture.


OTCPK:HBAYF - Post by User

Bullboard Posts
Post by BroomHildaon Sep 01, 2000 11:00pm
219 Views
Post# 2427487

Historically the BAY has been a

Historically the BAY has been a slow plodding stock. It has this long 4 - 5 year up and down cycle. I am not aware of the BAY ever trading higher than $40 in its history. BUT it is currently in a range that it rarely drops below - $15. I agree that it is not a dynamic management team and that there lethargic moves in X selling will not spark an interest. It is however suffering along with a lot of consumer retailing stocks due to the successive % rate hikes over the past 2 years. I also agree that others will prevail over the Bay if they are smart marketers - and WM is exactly that. Another retailing giant that fell asleep is now gone - Eatons. Wake up BAY
Bullboard Posts