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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OTCPK:HBAYF - Post Discussion

Hudson's Bay Co. > Spin off to REIT or Privatize

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Post by hester23 on Mar 29, 2019 11:10am

Spin off to REIT or Privatize

Land/Buildings is worth more than the business - for the love of God Baker just sell the real estate or buy us out!!

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Comment by Rosmorduc on Apr 13, 2019 12:47pm

That is the end game here. I don't why management is waiting and waiting and waiting. FOR WHAT? Retail is dead and the sooner they admit it, the faster shareholders can get some money back.

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Comment by hester23 on Apr 13, 2019 4:02pm

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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Hudson's Bay Co.