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1. en.wikipedia.org › wiki › Hudson's_Bay_CompanyHudson's Bay Company - Wikipedia

   en.wikipedia.org › wiki › Hudson's_Bay_Company

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   19 hours ago · The Hudson's Bay Company (HBC; French: Compagnie de la Baie d'Hudson) is an American and Canadian-based retail business group. A fur trading business for much of its existence, it became the largest and oldest corporation in Canada, before evolving into a major fashion retailer, operating retail stores across both the United States and Canada.

2. www.cbc.ca › news › businessHudson's Bay Company to buy luxury retailer Neiman Marcus in ...

   www.cbc.ca › news › business

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   4 days ago · Canadian retailer Hudson's Bay Co. will buy luxury department store rival Neiman Marcus for $2.65 billion US, the company said Thursday.

3. retail-insider.com › retail-insider › 2024Hudson’s Bay Company to Acquire Neiman Marcus with Amazon

   retail-insider.com › retail-insider › 2024

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   6 days ago · The Hudson’s Bay Company has struck a deal to acquire US-based luxury retail chain Neiman Marcus, as first reported in the Wall Street Journal. The $2.65 billion deal involves Amazon becoming a minority shareholder in the newly formed Saks Global division, which will operate in the US while its Canadian Saks operations with three stores ...

4. Top stories

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     Several Hudson's Bay stores closed due to 'strain' of B.C. heat wave on air conditioning systems

     Several Hudson’s Bay stores across Metro Vancouver were closed on Tuesday due to issues with air conditioning systems.

     The Vancouver Sun

     12 minutes ago

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     blogTO

     The Hudson's Bay Company is acquiring Neiman Marcus for $2.65 billion USD

     4 days ago

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     Retail Insider

     Hudson’s Bay Company to Acquire Neiman Marcus with Amazon

     6 days ago

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     CBC.ca

     Hudson's Bay store at Devonshire closed for repairs to cooling system

     4 days ago

   • The Globe and Mail

     HBC should apply learnings from new Saks Global company to the Bay, experts say

     4 days ago

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5. ca.finance.yahoo.com › news › hudsons-bay-co-buying'Marriage of convenience': Hudson's Bay Co. buying Neiman ...

   ca.finance.yahoo.com › news › hudsons-bay-co-buying

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   4 days ago · HBC's US$2.65 billion acquisition, announced Thursday, delivers Canada's oldest company ownership of Dallas-based Neiman Marcus Group, which has a network of 38 luxury department stores under the...

6. www.theglobeandmail.com › business › article-hbcHBC should apply learnings from new Saks Global company to ...

   www.theglobeandmail.com › business › article-hbc

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   4 days ago · Retail consultants say Hudson’s Bay Co. should apply lessons it learns from a newly-announced deal uniting several department store giants to its Bay business. The deal announced Thursday will ...

7. www.bizjournals.com › dallas › newsNeiman Marcus, HBC deal explained - Dallas Business Journal

   www.bizjournals.com › dallas › news

   19 hours ago · The luxury retail landscape is headed for a major shift with Hudson's Bay Company slated to buy Dallas-based Neiman Marcus Group. The boards of both HBC and Neiman Marcus have approved the deal ...

8. People also ask

   What is Hudson's Bay known for?

   • A fur trading business for much of its existence, it became the largest and oldest corporation in Canada, and now owns and operates retail stores across the country. The company's namesake business division is Hudson's Bay, commonly referred to as The Bay ( La Baie in French).

   Hudson's Bay Company - Wikipedia

   en.wikipedia.org/wiki/Hudson's_Bay_Company

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   Will Hudson's Bay Company Buy Neiman Marcus?

   • The luxury retail landscape is headed for a major shift with Hudson's Bay Company slated to buy Dallas-based Neiman Marcus Group. The boards of both HBC and Neiman Marcus have approved the deal, the companies said July 4. They noted regulatory approvals are still needed, so the finalization of the buyout is not imminent.

   3 things to know about Neiman Marcus buyout

   www.bizjournals.com/dallas/news/2024/07/08/neiman-marcus-hbc-deal-takeaways.html

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   Is Hudson's Bay still a luxury brand?

   • While the luxury market many of Hudson’s Bay brands play in is more immune to economic swings, the glory days of the department store model are long gone. Neiman Marcus filed for bankruptcy protection in May 2020 but managed to survive. Rival Nordstrom left Canada last year, saying it did not “see a realistic path to profitability” in the country.

   HBC should apply learnings from new Saks Global company to the Bay, …

   www.theglobeandmail.com/business/article-hbc-should-apply-learnings-from-new-saks-global-company-to-the-bay/

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   When did Hudson's Bay become a department store?

   • Hudson's Bay Montreal Downtown. Originally the flagship store for Morgan's, the department store chain was acquired by HBC in 1960. In 1960, the company acquired Morgan's allowing it to expand into Montreal, Toronto, Hamilton, and Ottawa. In 1965, HBC rebranded its department stores as The Bay.

   Hudson's Bay Company - Wikipedia

   en.wikipedia.org/wiki/Hudson's_Bay_Company

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9. www.cbsnews.com › news › saks-fifth-avenue-neimanSaks Fifth Avenue owner buying Neiman Marcus for $2.65 billion

   www.cbsnews.com › news › saks-fifth-avenue-neiman

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   4 days ago · Saks Fifth Avenue parent Hudson's Bay Company is acquiring Neiman Marcus for $2.65 billion, the privately-held upscale retailers said Thursday in a joint announcement.