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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

OTCPK:HBAYF - Post Discussion

Hudson's Bay Co. > HBC
View:
Post by JimmyB73 on Sep 06, 2017 5:08pm

HBC

Eventually .. the market will take the keys away... sold to me and breakup.  The big boys out of NYC will get involved further...

Intersting to note that L&B comments that HBC has a potential bidder for GK...

"Further, we believe there is a highly-qualified third-party buyer with serious interest in the Company’s European banner, Galeria Kaufhof, at a value approaching C$10 per share and at a premium to what Hudson’s Bay paid several years ago."

Read the letter .. this is going to get "unfriendly."  I agree with Litt... burning cash fighting current trends is not going to cut it.
Comment by TheRock077 on Sep 06, 2017 5:14pm
This post has been removed in accordance with Community Policy
Hudson's Bay Co.
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