Lord & Taylor to launch flagship store on Walmart.com

BENTONVILLE, Ark. and NEW YORK, NY, 2017-Nov-14 — /EPR Retail News/ — Walmart.com and Lord & Taylor announced today (Nov. 13, 2017) that Lord & Taylor will launch a flagship store on Walmart.com. Expected to launch in spring 2018, Walmart.com will introduce a specialized online experience offering premium fashion brands directly from the Lord & Taylor flagship.

“Our goal is to create a premium fashion destination on Walmart.com,” said Denise Incandela, Head of Fashion, Walmart U.S. eCommerce. “We see customers on our site searching for higher-end items, and we are expanding our business online to focus on adding specialized and premium shopping experiences, starting with fashion. We’re excited that Lord & Taylor is part of the team we’re working with as we continue to create a new Walmart.com.”

In conjunction with the launch of the Lord & Taylor flagship store on Walmart.com next year, Walmart is also evolving how customers will be able to shop fashion on the site, adding elements of discovery and inspiration. As part of this experience, Lord & Taylor will have a dedicated store on Walmart.com and the Walmart app that will reflect the premium fashion it is known for, reaching exponentially more shoppers than it currently does through lordandtaylor.com.

“As retail continues to change, this flagship store creates enormous growth opportunities for Lord & Taylor and our brand partners,” said Liz Rodbell, President of Lord & Taylor. “Our customers trust us to deliver high-quality fashion apparel and accessories, and we will soon be able to extend the reach of that offering to new customers through this flagship store. Walmart.com is a shopping destination that reaches a wide base of customers looking for premium fashion brands. They are a great company for us to work with as we continue to grow our digital presence.”

Over the past year, Walmart has aggressively expanded its online assortment. Walmart.com currently offers more than 60 million items on the site, compared to 20 million items last year. At the same time, Lord & Taylor continues to evolve its department store model, combining brick and mortar locations with compelling online destinations for a truly exciting all-channel experience.

About Walmart
Wal-Mart Stores, Inc. (NYSE: WMT) helps people around the world save money and live better – anytime and anywhere – in retail stores, online, and through their mobile devices. Each week, over 260 million customers and members visit our more than 11,600 stores under 59 banners in 28 countries and e-commerce websites in 11 countries. With fiscal year 2017 revenue of $485.9 billion, Walmart employs approximately 2.3 million associates worldwide. Walmart continues to be a leader in sustainability, corporate philanthropy and employment opportunity. Additional information about Walmart can be found by visiting http://corporate.walmart.com, on Facebook at http://facebook.com/walmart and on Twitter at http://twitter.com/walmart.

About Lord & Taylor
Founded in 1826, Lord & Taylor is the oldest department store in the United States and one of the country’s premier retailers. It has built its reputation on offering high-quality fashion apparel and accessories, exciting store environments, and seamless service. Lord & Taylor operates 50 full-line locations primarily in the northeastern and mid-Atlantic U.S. and lordandtaylor.com. It is part of the Hudson’s Bay Company brand portfolio.

Eric Zorn served as an advisor for HBC.

Contacts:
Walmart Media Relations
Phone: 1-800-331-0085

Lord & Taylor:
Tiffany Bourré
Phone: 416-571-1301 tiffany.bourre@hbc.com

Source: Wal-Mart Stores, Inc.

HBC’s New President of Hudson’s Bay Has 30 Years Experience in Canadian Retail Market

HBC’s New President of Hudson’s Bay Has 30 Years Experience in Canadian Retail Market

 

Hudson’s Bay Executive with More Than 30 Years of Experience in the Canadian Retail Market to Lead the Country’s Most Iconic Retailer

TORONTO, 2017-Jun-12 — /EPR Retail News/ — HBC today (June 8, 2017) announced that Alison Coville has been named President of Hudson’s Bay. Ms. Coville will lead a dedicated management team responsible for directing operations for Hudson’s Bay and Home Outfitters in Canada. This dedicated leadership structure will better position the banner to drive performance in Canada, which has consistently been one of the Company’s strongest markets. Ms. Coville will report to Jerry Storch, Chief Executive Officer, HBC.

“Within HBC’s global footprint, Canada is such an important and indelible part of our story and growth strategy. There are countless opportunities for us to continue to build on the solid platform that has been established to innovate and evolve the Hudson’s Bay experience for our customers,” said Richard Baker, Governor and Executive Chairman, HBC. “Alison has a deep understanding of the Hudson’s Bay customer and will help push innovation and build the Hudson’s Bay experience online and in stores to drive us to the future.”

“Alison is a seasoned professional with more than 30 years of experience in Canadian retail, nearly two decades of which has been spent at HBC. She has proven herself to be a dedicated leader with great intuition and knowledge of the market and sector. I believe her track record, keen insight, and bold vision make her the ideal leader to drive our strategy forward and accelerate our growth plans for Hudson’s Bay,” said Jerry Storch.

“I am honored to assume this position at Hudson’s Bay, where I have had the opportunity to build my career in an exceptional market with incredible colleagues,” said Ms. Coville. “I look forward to working with the Hudson’s Bay and Home Outfitter teams to accelerate our growth, while providing our loyal customers with a seamless shopping experience.”

Ms. Coville has held leadership positions in merchandising with HBC since 2005, in almost every area of the business including women’s, accessories, cosmetics, home and men’s. She has been instrumental in developing strategies to improve sales and profit.

Prior to joining HBC in 1999 as a Divisional Merchandise Manager, Ms. Coville worked at T. Eaton Company, where she progressed through the organization in multiple functions and executive roles including Buying, Store Planning, Marketing, and National Sales Management.

Liz Rodbell, who has split her time between Canada and the U.S. for five years, and served as president of Hudson’s Bay and Lord & Taylor for the past three years, continues in her role as President of Lord & Taylor. She will now be fully focused on leading that U.S. banner, together with a dedicated management team. The new streamlined organization, coupled with changes at the store operations level, will increase the pace of change at Lord & Taylor with an emphasis on driving digital opportunities at the banner while operating its stores more efficiently.

Jerry Storch continued, “Liz is a strong leader at HBC who has made a mark on Hudson’s Bay over the last five years. Liz’s vision for the future of retail has helped steer the business, and she truly understands our customer. With more than 30 years at Lord & Taylor, Liz is uniquely positioned to continue to lead the banner through its evolution and drive its digital strategy. We are grateful to Liz for her leadership and many contributions.”

These leadership changes are effective today.

About Hudson’s Bay

Hudson’s Bay Company, incorporated in 1670, is North America’s oldest company. Hudson’s Bay has grown to become Canada’s most prominent department store, today operating 90 full-line locations and thebay.com. For the first time since the banner’s inception, Hudson’s Bay will open outside of Canada with 10 new stores in the Netherlands in 2017, and an online shopping destination at hudsonsbay.nl. This expansion will introduce a new and exciting shopping experience in the Netherlands, catering to the Dutch market. Hudson’s Bay has established a reputation for quality, service, and style by offering well-edited assortments of exclusive and popular fashion, beauty, home and accessory designers and brands, as well as exclusive food concepts. It is part of the Hudson’s Bay Company brand portfolio.

About HBC

HBC is a diversified global retailer focused on driving the performance of high quality stores and their all-channel offerings, growing through acquisitions, and unlocking the value of real estate holdings. Founded in 1670, HBC is the oldest company in North America. HBC’s portfolio today includes formats ranging from luxury to premium department stores to off price fashion shopping destinations, with more than 480 stores and over 66,000 employees around the world.

HBC’s leading banners across North America and Europe include Hudson’s Bay, Lord & Taylor, Saks Fifth Avenue, Gilt, Saks OFF 5TH, Galeria Kaufhof, the largest department store group in Germany, and Belgium’s only department store group Galeria INNO.

HBC has significant investments in real estate joint ventures. It has partnered with Simon Property Group Inc. in the HBS Global Properties Joint Venture, which owns properties in the United States and Germany. In Canada, it has partnered with RioCan Real Estate Investment Trust in the RioCan-HBC Joint Venture.

Media Contact:
Andrew Blecher
646-802-4030
andrew.blecher@hbc.com

Tiffany Bourré
905-595-7184
tiffany.bourre@hbc.com

Source: HBC

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Hudson’s Bay Company to open its first Quebec Saks Fifth Avenue store in Montreal in Fall 2018

Hudson's Bay Company to open its first Quebec Saks Fifth Avenue store in Montreal in Fall 2018
Hudson’s Bay Company to open its first Quebec Saks Fifth Avenue store in Montreal in Fall 2018

 

NEW YORK & MONTREAL, 2016-Sep-23 — /EPR Retail News/ — Hudson’s Bay Company (TSX:HBC) today (September 22, 2016) announced plans to open its first Quebec Saks Fifth Avenue location in Montreal, within the historic Hudson’s Bay on Boulevard de Maisonneuve. The approximately 200,000 square-foot, multi-level store will be the largest Saks Fifth Avenue store in Canada and, similar to the award-winning approach taken at CF Toronto Eaton Centre, will be co-located with Hudson’s Bay in the same building. The opening is planned for Fall 2018.

The new Saks flagship store will offer customers designer product including: women’s designer ready-to-wear, handbags, accessories, beauty and men’s. The store will feature some of Saks’ exclusive offerings, including: 10022-SHOE, Saks Fifth Avenue’s signature women’s designer shoe salon, and a full service Fifth Avenue Club, complete with private suites and personal shopping consultants. Unique to the Montreal store will be a Quebec-themed Saks Fifth Avenue food hall.

“We are excited to bring the distinctive Saks Fifth Avenue experience to Montreal, which has long been a destination for fashion in Canada,” commented Marc Metrick, President, Saks Fifth Avenue. “Shoppers here are known for their impeccable style and we’re confident that Saks’ superior designer merchandise and exemplary customer service will be as well-received here as it has been across Canada.”

Hudson’s Bay will undergo an extensive renovation that will reconfigure the store layout, redefine departments and enhance the overall shopping environment. The multi-million dollar investment in Canada’s iconic store will touch all levels of the building, and further positions Hudson’s Bay as the most exciting department store in Canada. The new concept for Hudson’s Bay will introduce the most modern department store shopping experience while maintaining the company’s heritage. The plans build on the success of the company’s Queen Street flagship, where Hudson’s Bay and Saks Fifth Avenue are co-located and offer an unparalleled shopping experience.

“The reimagining of our iconic Montreal location is a significant milestone in the evolution of our Hudson’s Bay store, given the importance of the Quebec customer to our business,” stated Liz Rodbell, President, Hudson’s Bay and Lord & Taylor. “In today’s digital world, our store experience is paramount in our mission to entertain and delight our customers. This renovation will keep Hudson’s Bay central to our customers’ shopping experience for years to come.”

Saks Fifth Avenue currently has two full-line stores in Canada at CF Toronto Eaton Centre and CF Sherway Gardens, and has announced plans for a store in Calgary, Alberta.

Hudson’s Bay will remain open throughout the renovation process.

ABOUT SAKS FIFTH AVENUE
Saks Fifth Avenue, one of the world’s pre-eminent specialty retailers, is renowned for its superlative American and international designer collections, its expertly edited assortment of handbags, shoes, jewelry, cosmetics and gifts, and the first-rate fashion expertise and exemplary client service of its Associates. As part of the Hudson’s Bay Company brand portfolio, Saks operates 40 full-line stores in 22 states and Canada, five international licensed stores and saks.com, the company’s online store.

ABOUT HUDSON’S BAY
Hudson’s Bay Company, incorporated in 1670, is North America’s oldest company. Hudson’s Bay has grown to become Canada’s most prominent department store, today operating 90 full-line locations and thebay.com. It has established a reputation for quality, service, and style by offering well-edited assortments of exclusive and popular fashion, beauty, home and accessory designers and brands. It is part of the Hudson’s Bay Company brand portfolio.

ABOUT HUDSON’S BAY COMPANY
Hudson’s Bay Company is one of the fastest-growing department store retailers in the world, based on its successful formula of driving the performance of high quality stores and their all-channel offerings, unlocking the value of real estate holdings and growing through acquisitions. Founded in 1670, HBC is the oldest company in North America. HBC’s portfolio today includes ten banners, in formats ranging from luxury to better department stores to off price fashion shopping destinations, with more than 470 stores and 66,000 employees around the world.

In North America, HBC’s leading banners include Hudson’s Bay, Lord & Taylor, Saks Fifth Avenue, Gilt, and Saks OFF 5TH, along with Find @ Lord & Taylor and Home Outfitters. In Europe, its banners include GALERIA Kaufhof, the largest department store group in Germany, Belgium’s only department store group Galeria INNO, as well asSportarena.

HBC has significant investments in real estate joint ventures. It has partnered with Simon Property Group Inc. in theHBS Global Properties Joint Venture, which owns properties in the United States and Germany. In Canada, it has partnered with RioCan Real Estate Investment Trust in the RioCan-HBC Joint Venture.

MEDIA CONTACTS:
Hudson’s Bay Company
Tiffany Bourré
905-595-7184
Director, Corporate Communications
Tiffany.bourre@hbc.com

Hudson’s Bay Company
Jen Vargas
646-802-2952
VP, Corporate Communications
Jen.vargas@hbc.com

Source: Hudson’s Bay Company

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