374-Year-Old Department Store Retailer HBC Announces It Is Going Private

What's Inside

Hudson Bay’s bid to take the company private represents a bold move to preserve the centuries-old retailer. Going private will let management operate more independently and try edgier and riskier collaborations, enter into more partnerships and new ventures across its three remaining banners. We may see innovative concepts such as CBD shops and cafes, designer studios, hosted apparel or sneaker drops, events such as retail panel discussions, fashion shows and book signings or even industry podcasts.