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Hudson's Bay Co. HBAYF

Consumer Cyclical
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

Hudson's Bay Co. > Sharks Moving In...
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Comment by skyplton Jan 12, 2017 3:54pm
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Post# 25701177

RE:RE:Sharks Moving In...

RE:RE:Sharks Moving In...I disagree about the real estate.  Look at Canadian Tire and Loblaws.  As well, HBC's CFO spun for Sobey's real estate assets.  It was even discussed at the last quarterly meeting.  Investors are justifiably angry and taking it out on the stock price.  But that real estate is not going anywhere.  Location, location, location.
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