Canadian retailers set for meagre sales growth amid competition from U.S....
TORONTO • U.S. retailers will not ease pressure on Canadian rivals in 2014, according to a new report predicting a meagre 1.5% to 2% retail sales rise in Canada amid relentless competition. That’s a...
View ArticleHere’s what you need to know about Germany’s Galeria Kaufhof
Hudson’s Bay Co. announced on Monday an agreement to buy German department store Galeria Kaufhof, expanding HBC’s international presence. Here’s a look at what Canada’s oldest company is acquiring....
View ArticleClik here to view.
Five things you should know before you start your workday on Oct. 20
Good morning. Canada’s investors may have to contend with a new economic direction after last night’s Liberal win, but markets welcome the stability that comes with a majority mandate. HBC, the oldest...
View ArticleClik here to view.
Five things you should know before you start your workday on Jan. 8
Good morning. If Saudi Aramco, the biggest oil company in the world, goes public would you want shares? China pulling the plug on a new stock circuit breaker and weakening its currency has revived...
View ArticleClik here to view.
Five things you should know before you start your work day on May 18
Good morning. Alberta’s wildfires force another wave of evacuations and delay plans to restart oilsands production. Google’s Patrick Pichette speaks about innovation, Bombardier and Canadian ties. And...
View ArticleClik here to view.
Hudson’s Bay posts a deeper loss, misses industry estimates
Department store retailer Hudson’s Bay Co. posted a deeper second-quarter loss on sluggish sales as the company battles an activist investor and general malaise in the traditional store-based retail...
View ArticleClik here to view.
Hudson’s Bay explains weak second-quarter earnings as U.S. investor cries foul
TORONTO —Hudson’s Bay Co. is better off than some traditional department stores as it cuts costs, revamps its stores and invests in its expanding web operations, company executives told investors made...
View ArticleClik here to view.
In Sears’ shadow: Hudson’s Bay CEO exit has investors nervous about...
TORONTO — The pending departure of Hudson’s Bay Co. CEO Gerald Storch will do little to reassure investors nervous about the future of department store retailing. Coming in the same week that Sears...
View ArticleClik here to view.
Hudson’s Bay strikes deal to turn retail space into office space
TORONTO — A day after an activist investor lodged his latest grievance against veteran retailer Hudson’s Bay Co., the company countered Tuesday with a blockbuster real estate deal that will cut debt...
View ArticleCanadian retailers set for meagre sales growth amid competition from U.S....
U.S. retailers will not ease pressure on Canadian rivals in 2014, according to a new report predicting a meagre 1.5% to 2% retail sales rise in Canada amid relentless competition
View ArticleHere's what you need to know about Germany's Galeria Kaufhof
What you need to know about Galeria Kaufhof, HBC's new German department store chain
View ArticleFive things you should know before you start your workday on Oct. 20
The bright side of Trudeau's win for markets and the oil patch. Canada's retail history and tickets for Star Wars. These stories and more in your morning cheat sheet to the Financial Post
View ArticleFive things you should know before you start your workday on Jan. 8
The world's biggest oil company mulls going public and it's deadline day for Suncor and Canadian Oil Sands. These stories and more in your morning Financial Post cheat sheet
View ArticleFive things you should know before you start your work day on May 18
Alberta's wildfires delay plans to restart oilsands … and the Bay brings its brand to Netherlands. These stories and more in your morning cheat sheet to the FP
View ArticleHudson's Bay posts a deeper loss, misses industry estimates
Canada’s oldest retailer recorded a net loss of $201 million in the second quarter, compared with a net loss of $142 million in the year-ago period
View ArticleHudson's Bay explains weak second-quarter earnings as U.S. investor cries foul
Land and Buildings issued a statement reiterating Jonathan Litt’s frustration with HBC’s management, calling out the company for expressing a “vague commitment …to address its deep undervaluation”
View ArticleIn Sears' shadow: Hudson's Bay CEO exit has investors nervous about...
Storch’s announcement late Friday made him the fourth high-profile executive to leave HBC in the past six months
View ArticleHudson's Bay strikes deal to turn retail space into office space
The deal with RhoneCapital LLC and New York-based WeWork Cos. will see floors of HBC’s key stores in New York, Toronto, Vancouver and Germany converted into WeWork’s shared office workspaces
View ArticleCanadian retailers set for meagre sales growth amid competition from U.S....
U.S. retailers will not ease pressure on Canadian rivals in 2014, according to a new report predicting a meagre 1.5% to 2% retail sales rise in Canada amid relentless competition
View ArticleHere's what you need to know about Germany's Galeria Kaufhof
What you need to know about Galeria Kaufhof, HBC's new German department store chain
View Article