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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.
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Post by las5513on Aug 13, 2017 9:02am
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Post# 26575681

Joe Fresh founder to HBC: 'Stay the course'

Joe Fresh founder to HBC: 'Stay the course'The founder of Joe Fresh believes Hudsons Bay Company (HBC.TO) should stave off activist calls to transition to a real estate focus and stay the course in retail. I would say stick to it, Joe Mimran, Gibraltar Growth Corp. chairman and the founder of Club Monaco and Joe Fresh, told BNN on Thursday. Obviously they can pare back their portfolio in the same way that many other retailers are doing it but I think they should stay the course. The last 2 minutes of the 12 minute interview are the discussion about HBC. ***https://www.bnn.ca/joe-fresh-founder-to-hbc-stay-the-course-1.826806
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