Flash Report 3 minutesRegister for Free AccessHudson’s Bay Company Goes Private; CEO Steps Down Coresight Research March 4, 2020 What's InsideWith the world’s oldest retailer (founded in 1670) ready to delist from the Toronto Stock Exchange as it completes the share buyback program to take the company private, the question arises: What’s next for the erstwhile HBC now that it is in private hands, and what does that mean for retail? This report looks at the company’s current state, including: A greatly reduced store fleet—shrunk around 30%. How much of that reduction came via the sale of Lord & Taylor to rental service Le Tote. A greatly reduced real estate portfolio. Please Login to read the full report. Not a member? Register for a free user account. This document was generated for Other research you may be interested in: Navigating Digital Transformation: Optimizing Retail Operations Amid Margin PressureEarnings Insights 1Q23, Week 5: Burlington, Deckers, Dick’s and Ulta Post Strong Results; Big Lots, Foot Locker, Kohl’s and Others See Sales Decline10 Things To Know About Temu, the E-Commerce Marketplace Sweeping the US MarketMarch 2023 US Retail Sales: Growth Decelerates from February
