Bullboard - Stock Discussion Forum Hudson's Bay Co. HBAYF

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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. > Lord & Taylor Keeps Dragging Down Hudson's Bay

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Post by keepgoing67 on Dec 10, 2017 7:52pm

Lord & Taylor Keeps Dragging Down Hudson's Bay

https://www.fool.com/investing/2017/12/10/lord-taylor-keeps-dragging-down-hudsons-bay-why-do.aspx

Monetize the real estates of Lord & Taylor is the way to go for HBC.

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Comment by frankstevens17 on Dec 11, 2017 8:06am

Everybody seems to agree the best course of action is to monetize the HBC real estate but no one offers a method to do it. The simplest method is just to sell everything and distribute the net proceeds by way of a dividend but I don't see any sign that happening. HBC management appears to have decided to sell the real estate off in piecemeal fashion while continuing to lose massive amounts of ...more

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Comment by MoneyFists on Dec 11, 2017 9:58am

You're 100% right. The oldest corp. in the world is going to hang on to their retail legacy for dear life, even if that costs shareholders everything. No CEO of HBC wants to be the one who packed the whole business up just to make shareholders happy.

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