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: December 2023 US Housing Market Indicators: Positive Shifts To Start the New YearUS Consumer Tracker Extra: Seasonal Shopping, 2Q23—Easter, Mother’s Day, Father’s Day and Holiday 2023US, UK, EU & China Quarterly Economic Update, 2Q23: Consumer Spending Growth Weakens in Many Countries Despite Easing InflationUS Grocery Retailing—Exploring Growth, Inflation, Competition, Trends and Strategies: Highlights from the Market Navigator
