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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 shooter1939on Sep 15, 2018 9:12am
82 Views
Post# 28625628

RE:Free Fall

RE:Free FallShareholders might as well quit talking about the real estate value since it's already reflected in the current stock price. There will never be a sale to unlock value as long as the retail stores continue to lose money as they can't afford to pay rent to a new owner. The only solution for HBC is to close the retail stores and sell the land and buildings and pray they can raise enough money to cover the outstanding debt.
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