Hudson's Bay Co. T.HBC

Primary Symbol: 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. > Spin off to REIT or Privatize

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Comment by hester23on Apr 13, 2019 4:02pm

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Post# 29623312

RE:RE:Spin off to REIT or Privatize

The one thing that makes me a bit more comfortable with this play is that Baker has skin in the game now

The Saks property in NYC alone is worth more than the whole retail arm of this business.

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