Hudson’s Bay Company


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Hudson’s Bay CEO Richard Baker (Credit: Getty; iStock)

“Corporate shell game”: Special servicer says Hudson’s Bay undermined $850M loan

The special servicer for an $850 million CMBS deal has accused Hudson’s Bay Company of engaging in a “clandestine...

“Corporate shell game”: Special servicer says Hudson’s Bay undermined $850M loan
Saks Fifth Avenue at 611 5th Avenue in New York (Photo by Cindy Ord/Getty Images)

Retailer Hudson’s Bay pink-slips 500 NYC employees

UPDATED, 5:54 p.m. April 30: Hudson’s Bay Company, the owner of Saks Fifth Avenue, will lay off 507 New...

Retailer Hudson’s Bay pink-slips 500 NYC employees
Lord & Taylor (Credit: Getty Images)

Hudson’s Bay mulls sale of Lord & Taylor

Lord & Taylor may soon have a new owner. Owner Hudson’s Bay Company is considering selling or merging the...

Hudson’s Bay mulls sale of Lord & Taylor
WeWork continues its hunt for investors at $850M Lord & Taylor building

WeWork continues its hunt for investors at $850M Lord & Taylor building

Almost a year after WeWork announced the $850 million acquisition of the Lord & Taylor building in Midtown Manhattan,...

WeWork continues its hunt for investors at $850M Lord & Taylor building
Advice for Hudson’s Bay: build condos

Advice for Hudson’s Bay: build condos

Hudson’s Bay Companies, the owner of Saks Fifth Avenue and Lord & Taylor, is looking to reclaim capital, and one of its shareholders has offered a solution: cash in on condos above its stores....

Advice for Hudson’s Bay: build condos
Lord & Taylor’s Manhattan flagship to close

Lord & Taylor’s Manhattan flagship to close

After 104 years, the Lord & Taylor flagship store at 424 Fifth Avenue is set to close its doors....

Lord & Taylor’s Manhattan flagship to close
Scotiabank subleases 50K sf from Hudson’s Bay at Brookfield Place

Scotiabank subleases 50K sf from Hudson’s Bay at Brookfield Place

Canada’s Scotiabank inked a deal to sublease roughly 50,000 square feet at Brookfield Place from its neighbor Hudson’s Bay...

Scotiabank subleases 50K sf from Hudson’s Bay at Brookfield Place
WeWork buys Lord & Taylor flagship for $850M for new world headquarters

WeWork buys Lord & Taylor flagship for $850M for new world headquarters

Facing mounting pressure to shed its real estate assets, Hudson’s Bay Company is selling Lord & Taylor’s flagship store...

WeWork buys Lord & Taylor flagship for $850M for new world headquarters
This activist investor wants luxury condos in Saks Fifth Avenue

This activist investor wants luxury condos in Saks Fifth Avenue

Part of Saks Fifth Avenue’s Manhattan flagship store could be turned into luxury condominiums if one activist investor has...

This activist investor wants luxury condos in Saks Fifth Avenue
Saks owner pushed to sell off its RE assets

Saks owner pushed to sell off its RE assets

The Canadian company that owns the Saks Fifth Avenue flagship store is under pressure to go private or sell off its real estate assets, which are worth billions. Toronto-based Hudson’s Bay bought Saks Inc....

Saks owner pushed to sell off its RE assets
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