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Latest Press Releases

HBC Schedules 2018 Financial Results and Declares Quarterly Dividend
BusinessWire - Tue Mar 19, 7:30AM CDT
BusinessWire - CMTX
Tue Mar 19, 7:30AM CDT
HBC (TSX: HBC) will announce financial results for the fourth quarter and fiscal year 2018 on Wednesday, April 3, 2019 before market hours. HBC's Governor and Executive Chairman, Richard Baker, Chief Executive Officer Helena Foulkes, and Chief Financial Officer Ed Record will subsequently host a conference call to discuss the company's results at 8:30 a.m. ET.
Crombie REIT Appoints Paul Beesley to Board of Trustees
Canada Newswire - Mon Mar 4, 12:50PM CST
Canada Newswire - CMTX
Mon Mar 4, 12:50PM CST
NEW GLASGOW, NS, March 4, 2019 /CNW/ - Crombie Real Estate Investment Trust ("Crombie") (TSX: CRR.UN) is pleased to announce the appointment of Paul Beesley to its Board of Trustees, effective immediately.
HBC Announces Closure of Home Outfitters Division in Canada and up to 20 Saks OFF 5TH Stores in the U.S.
BusinessWire - Thu Feb 21, 3:05PM CST
BusinessWire - CMTX
Thu Feb 21, 3:05PM CST
HBC (TSX: HBC) today announced the closure of its Home Outfitters business in Canada and is performing a fleet review of Saks OFF 5TH's 133 stores, with an estimate of closing up to 20 locations in the U.S. These actions are part of the company's strategic plan to reduce costs, simplify the business and improve overall profitability.
HBC Provides Update on Real Estate Transactions
BusinessWire - Mon Feb 4, 7:00AM CST
BusinessWire - CMTX
Mon Feb 4, 7:00AM CST
HBC (TSX:HBC) today announced updates to two real estate transactions which are consistent with previously disclosed terms.
An Entity Controlled by Richard A. Baker Agrees to Acquire Common Shares of Hudson's Bay Company from an Affiliate of Ontario Teachers' Pension Plan Board
Canada Newswire - Thu Jan 3, 6:12PM CST
Canada Newswire - CMTX
Thu Jan 3, 6:12PM CST
TORONTO, Jan. 3, 2019 /CNW/ - An entity controlled by Richard A. Baker, Rupert of the Rhine LLC (the "Purchaser"), has entered into an agreement (the "Purchase Agreement") to acquire 17,953,536 common shares (the "Purchased Shares") of Hudson's Bay Company (TSX: HBC) from 2380162 Ontario Limited (the "Vendor"), a wholly-owned subsidiary of Ontario Teachers' Pension Plan Board, at a price of Cdn.$9.45 per share, representing 115% of the "market price" determined in accordance with Section 1.11 of National Instrument 62-104 - Take-Over Bids and Issuer Bids ("NI 62-104"). The acquisition of the Purchased Shares is being made in reliance on the "private agreement exemption" under Section 4.2 of NI 62-104. The Purchaser is an entity controlled directly or indirectly by Richard A. Baker, the Governor and Executive Chairman of HBC, and the Purchaser may be considered a joint actor of L&T B (Cayman) Inc. As a result, L&T B (Cayman) Inc. will be filing an updated early warning report.
An Entity Controlled by Richard A. Baker Agrees to Acquire Common Shares of Hudson's Bay Company from an Affiliate of Ontario Teachers' Pension Plan Board
PR Newswire - Thu Jan 3, 6:12PM CST
PR Newswire - PRNW
Thu Jan 3, 6:12PM CST
TORONTO , Jan. 3, 2019 /CNW/ - An entity controlled by Richard A. Baker , Rupert of the Rhine LLC (the "Purchaser"), has entered into an agreement (the "Purchase Agreement") to acquire 17,953,536 common shares (the "Purchased Shares") of Hudson's Bay Company (TSX: HBC) from 2380162 Ontario Limited (the "Vendor"), a wholly-owned subsidiary of Ontario Teachers' Pension Plan Board, at a price of Cdn. $9.45 per share, representing 115% of the "market price" determined in accordance with Section 1.11 of National Instrument 62-104 – Take-Over Bids and Issuer Bids ("NI 62-104"). The acquisition of the Purchased Shares is being made in reliance on the "private agreement exemption" under Section 4.2 of NI 62-104. The Purchaser is an entity controlled directly or indirectly by Richard A. Baker , the Governor and Executive Chairman of HBC, and the Purchaser may be considered a joint actor of L&T B (Cayman) Inc. As a result, L&T B (Cayman) Inc. will be filing an updated early warning report.
HBC Reports Third Quarter 2018 Financial Results
BusinessWire - Wed Dec 5, 6:00AM CST
BusinessWire - CMTX
Wed Dec 5, 6:00AM CST
--Saks Fifth Avenue comparable sales up 7.3%, solidifying its leading position in luxury
HBC to Report First Quarter 2018 Financial Results on June 5
BusinessWire - Thu May 10, 3:30PM CDT
BusinessWire - CMTX
Thu May 10, 3:30PM CDT
HBC (TSX: HBC) is scheduled to announce full financial results for the first quarter ended May 5, 2018 before the opening of the financial markets on June 5, 2018. Senior management will discuss financial results and other matters during a conference call that day at 8:30 AM EST.
Hudson's Bay Expands Partnership with Stylist and Fashion Expert Jessica Mulroney
PR Newswire - Thu May 10, 6:07AM CDT
PR Newswire - CMTX
Thu May 10, 6:07AM CDT
Hudson's Bay, Canada's most prominent department store, is thrilled to announce it has expanded its relationship with stylist and fashion expert, Jessica Mulroney. As one of Canada's most notable stylists and fashion influencers, Jessica first worked with the Hudson's Bay team in 2014 to help launch the Kleinfeld brand in Canada. In this new relationship with the retailer, Jessica will help drive the fashion and bridal business at Hudson's Bay. With a career that spans branding, manufacturing, PR, retail, and design, Jessica has experience with all facets of the fashion industry. This unique combination of skills combined with her charismatic personality has made her one of Canada's most sought-after fashion experts.
Hudson's Bay Expands Partnership with Stylist and Fashion Expert Jessica Mulroney
PR Newswire - Thu May 10, 6:07AM CDT
PR Newswire - PRNW
Thu May 10, 6:07AM CDT
TORONTO , May 10, 2018 /PRNewswire/ - Hudson's Bay, Canada's most prominent department store, is thrilled to announce it has expanded its relationship with stylist and fashion expert, Jessica Mulroney . As one of Canada's most notable stylists and fashion influencers, Jessica first worked with the Hudson's Bay team in 2014 to help launch the Kleinfeld brand in Canada. In this new relationship with the retailer, Jessica will help drive the fashion and bridal business at Hudson's Bay. With a career that spans branding, manufacturing, PR, retail, and design, Jessica has experience with all facets of the fashion industry. This unique combination of skills combined with her charismatic personality has made her one of Canada's most sought-after fashion experts.

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