RetailNews

Flagship Sale, Galeria Kaufhof Offer Spark Rift Between HBC, Land & Buildings

Activist investor Land & Buildings is crying foul over Hudson’s Bay Company’s plan to sell its Lord & Taylor flagship in New York, claiming the terms of the deal undermines shareholders' best interests.

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RetailNews

Lord & Taylor to Become WeWork Headquarters in NYC Flagship Sale

Hudson’s Bay Company announced today that it will sell its Lord & Taylor flagship in New York to WeWork and Rhône Capital, in a move to monetize unproductive space and pay down debt.

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FinancialNews

Financial Roundup: HBC Focuses on Digital and Luxury Sales, G-III Counts on Donna Karan

Retail giant Hudson's Bay Co. seeks a transitional approach to profitability, while brand manufacturer G-III Apparel Group looks for gold in its new acquisition.

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