Flash ReportHudson’s Bay Company Goes Private; CEO Steps Down Coresight Research March 4, 2020 Reasons to ReadWith 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? To access this content for free, register for a free account. This document was generated for Other research you may be interested in: High-Income Consumers Turn Optimistic About Economy: Weekly US Consumer Sentiment, Week 18, 2025—InfographicAnalyst Corner: Holiday Spirit, Bigger Budgets: US Consumers’ Plans for the Fourth of July, Labor Day and the Holiday Season, with Aditya KaushikFinancial Sentiment Falls to 14-Month Low Ahead of Reciprocal Tariffs, But Policy Measures Aim to Stabilize Economy: China Consumer Survey InsightsRevving Up the Flywheel: Insights from the Inaugural Amazon Prime Analyst Day
