Bullboard - Stock Discussion Forum 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... see more

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Hudson's Bay Co. > Ummm clearly mentioned

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Post by Pivotcatalyst on Jan 11, 2017 12:53pm

Ummm clearly mentioned

The retail environment is clearly changing, and we continue to work diligently across all of our banners to adapt rapidly. This involves evaluating all opportunities to increase the profitability of HBC, and we expect to provide further details on this process in the coming months."

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Comment by skyplt on Jan 11, 2017 1:00pm

Thanks pivot...I was about to quote the same remark. They will deploy this tool...if not, they could wind up finding themselves in the midst of a hostile take over. The question is, what is the real estate actually worth? I know this is a bit of a segue, but take a look at Honest Ed's in Toronto. They closed the store down in order to make way for more condominiums. ...more

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