Hudson's Bay Co. news and archive

Lord & Taylor returns to NYC, but only for the holidays

Even though Lord & Taylor shuttered its historic New York City flagship on Fifth Avenue at the start of 2019, the department store is returning to the city for the holiday shopping season. The Lord & Taylor holiday pop-up will be open for two weeks in December in a 2,400-square-foot space in the city's Soho neighborhood, in an area that features...

Business

HBC in talks to go private

After shuttering Lord & Taylor, selling off Gilt, and working to keep Saks competitive in an increasingly crowded retail field with more luxury e-commerce players popping up, Hudson's Bay Co. is now considering going private. Richard Baker, the executive chairman of Saks, is now leading a bid to take the retail company private. Baker, along with...