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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

Comment by KnottyOysteron Mar 22, 2017 11:02pm
67 Views
Post# 26018153

RE:RE:Sears flags going concern doubts

RE:RE:Sears flags going concern doubts

If anything this is good news for our stock... less competition in the space means more shoppers through our door. At the end of the day, retail isn't going anywhere anytime soon. People will always love shopping, people will always want to get out of the house, and many prefer shopping for things like clothes in stores where they can try it on, and be confident in their purchase. If you're into the online thing, then it's a good thing we also have a great presence there with thebay.com, and Gilt... This with a top notch distribution system to boot. I think fear in this stock is way over done.

I also take comfort knowing we have huge realestate potential on top of that, some of the locations we have are prime, mainly since we've been there since the dawn of time. We pretty much have a prime location in the core of every city in canada. I wouldn't sell a share at this level, this is prime accumulation time. Enjoy it while you can!

 

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