HBC to Review Strategic Alternatives for Lord + Taylor
HBC (TSX:HBC) today announced it is pursuing strategic alternatives for the Lord + Taylor operating business, including a possible sale or merger, as part of its strategy to focus on its greatest opportunities.
HBC Reports Fourth Quarter and Fiscal 2018 Financial Results
--Sales totaled $9.4 billion for the year; Comparable sales down 0.2% consistent with previous year
HBC Appoints Stephanie Coyles to Board of Directors
HBC (TSX: HBC) announced today that its Board of Directors has appointed Stephanie Coyles as an independent director of the company, effective March 27, 2019. Including Ms. Coyles, the company's board now comprises 13 directors.
HBC Schedules 2018 Financial Results and Declares Quarterly Dividend
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
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.
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
HBC (TSX:HBC) today announced updates to two real estate transactions which are consistent with previously disclosed terms.