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: US Store Tracker Extra, April 2023: Bed Bath & Beyond Pushes Total Closed Space to 52 Million Square FeetUS Store Tracker Extra, July 2024: Conn’s Drives Total Closed Space to 67 Million Square FeetInnovator Profile: EyeLevel.ai Is Truth Serum for AI, Enabling the Build of Hallucination-Free Apps with up to 95% AccuracyWeekly US and UK Store Openings and Closures Tracker 2023, Week 33: US Closures Up 79%
