HBC Exposure As at March 10 ... have been removed from tenants’ leases due to the changing enclosed mall merchandise mix and the reliance on anchor tenants for foot traffic.
The department store chain, founded in 1670, can't pay its debts and says the pandemic, inflation and now trade tensions have ...
The parent company, called HBC, purchased the U.S. chains Neiman Marcus and Bergdorf Goodman last year, combined them with Saks and later spun off the Hudson's Bay department-store chain into a ...
The flagship store is not the only real estate snafu in ... Stanley Marcus to his office in NYC from Dallas. Getty Images for HBC Foundation Now, it’s hanging in Baker’s Manhattan office ...
That’s small consolation, given that retailers typically pay for merchandise within 60 days. Given its current financial challenges, it feels like HBC may have bit off more than it could chew ...
Saks Global also holds the combined U.S. real estate assets of HBC and Neiman Marcus Group ... “That robustness, walking into a department store where you’re going to get a good experience ...
If you have ever trekked to a store only to be told the item you are ... a former chief executive of Toys “R” Us and Saks Fifth Avenue parent HBC. Lucia Gulbransen, a stylist in Westport ...
The department store company that dates back to 1670 says ... In the lead-up to the privatization vote, Baker faced criticism for HBC's stock dropping while he was at the helm and for not better ...
The deal pooled Neiman Marcus and its Bergdorf Goodman unit together with HBC’s high-end department store chain, Saks Fifth Avenue, in the newly established Saks Global. That left Hudson’s Bay as its ...
The location is at the Germantown Collection shopping center off Poplar Avenue, which includes other popular retail tenants such as Trader Joe’s, Chicken Salad Chick, The Container Store and ...
Instead, Mr. Thompson has faced more than a year of delays, as the department store retailer failed to pay ... “The long-standing history that HBC has with Indigenous people – the irony ...
The luxury department store opened its first location in 1907 ... Saks Global is the corporate entity formed after HBC acquired Neiman Marcus Group at the end of last year for $2.7 billion.