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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. > CEO just stepped down
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Comment by las5513on Oct 20, 2017 8:10pm
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Post# 26839548

RE:CEO just stepped down

RE:CEO just stepped downHBC needs to be able to satisfy a lender they can service the debt that would be required to go private and there isn't a snowballs chance in hell of that happening till HBC can prove to a lender they can service the required debt . Nordstrom just got declined by lenders so what makes you think HBC, who is consistently losing money could obtain financing.
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