HBC: Marc Metrick, President of Saks Fifth Avenue to expand leadership role to include Gilt and Saks OFF 5TH

TORONTO & NEW YORK, 2018-Jan-11 — /EPR Retail News/ — HBC today (January 9, 2018) announced that Marc Metrick, President of Saks Fifth Avenue, will expand his leadership role to include Gilt and Saks OFF 5TH. In this capacity, Mr. Metrick will lead distinct teams and work to ensure that each business remains well positioned to […]

HBC to host Q3 2017 financial results conference call on December 6, 2017

TORONTO & NEW YORK, 2017-Nov-22 — /EPR Retail News/ — HBC (TSX: HBC) is scheduled to announce full financial results for the quarter ended October 28, 2017 before the opening of the financial markets on December 6, 2017. Senior management will discuss financial results and other matters during a conference call that day at 8:30 AM EST. The conference call will be accessible […]

Milton Pappas named Chief Marketing Officer at HBC

TORONTO & NEW YORK, 2017-Nov-08 — /EPR Retail News/ — HBC or the “Company” (TSX: HBC) today (November 6, 2017) announced the appointment of Milton Pappas to Chief Marketing Officer, effective immediately. In this role, Mr. Pappas will lead the Marketing Center of Excellence (COE), charged with executing the marketing strategies of the Company’s North American retail businesses. Earlier this year, the Company […]

HBC President Don Watros to leave the company

TORONTO & NEW YORK, 2017-Aug-28 — /EPR Retail News/ — HBC or the “Company” (TSX: HBC) today (August 24, 2017) announced Don Watros has made the decision to leave HBC effective September 29, 2017. “With a seasoned leadership team in place in Europe and our plans to bring Hudson’s Bay to the Netherlands and Saks OFF 5TH to Europe coming to fruition, the time is […]

HBC to announce Q2 2017 results on September 5, 2017

TORONTO & NEW YORK, 2017-Aug-24 — /EPR Retail News/ — HBC (TSX: HBC) is scheduled to announce full financial results for the quarter ended July 29, 2017 after the close of the financial markets on September 5, 2017. Senior management will discuss financial results and other matters during a conference call on September 6, 2017 at 8:30 AM EST. The conference call will […]

Tough First Quarter 2017 Results Prompts HBC To Take Steps To Adapt

First Quarter retail sales decreased 3.0% to $3.2 billion, a decrease of 2.9% on a constant currency comparable basis First Quarter comparable digital sales increased 5.4% on a constant currency basis, increasing 13.2% at HBC’s department store banners First Quarter Adjusted EBITDAR of $168 million; Net Loss of $221 million HBC launches Transformation Plan designed […]

HBC announces its 3Q FY2016 financial results

Consolidated retail sales increased 28.6% to $3.3 billion from $2.6 billion a year ago Digital sales at Legacy HBC grew 12.9% on a constant currency comparable basis Inventory levels on a comparable basis declined approximately 2% from a year ago as a result of the Company’s disciplined focus on this area Adjusted EBITDAR decreased 1.4% […]

The GALERIA Kaufhof head office to become HBC Europe’s new headquarters

Cologne, 2016-Jul-23 — /EPR Retail News/ — The GALERIA Kaufhof headquarters, which has long been based in Cologne city center, will be remodeled into a modern service center over the course of the next 18 months, encompassing all of HBC Europe’s banners. The first important steps have now been taken to allow this to go ahead. […]

Hudson’s Bay Company unveils steps to deliver enhanced all-channel customer experience, accelerate financial performance and drive future success

Actions to Generate Additional $75 Million in Expected Annualized Cost Savings and Synergies beyond Previously Announced Synergies from the Integration of Saks Incorporated Realignment Supports Growth Areas of the Business, including Digital Offering and Geographic Expansion TORONTO & NEW YORK, 2015-9-30 — /EPR Retail News/ — Hudson’s Bay Company (TSX:HBC) today announced a series of actions to […]

Hudson’s Bay Company announces the appointment of Janet Schalk to Chief Information Officer

TORONTO, 2015-8-21— /EPR Retail News/ — Hudson’s Bay Company (“HBC”) (TSX:HBC) is pleased to announce the appointment of Janet Schalk to Chief Information Officer. In this role, Ms. Schalk will be responsible for leading the information technology strategy for HBC, while continuing to drive the Company’s roadmap of common systems, integrated support, business architecture and […]