HBC Acknowledges Receipt of Letter from Land and Buildings
June 19 2017 - 8:16AM
Business Wire
HBC or the “Company” (TSX: HBC) today received a letter
addressed to its board of directors from Jonathan Litt, CIO of Land
and Buildings. The Company is reviewing the letter and will respond
in due course.
About Hudson’s Bay Company
HBC is a diversified global retailer focused on driving the
performance of high quality stores and their all-channel offerings,
growing through acquisitions, and unlocking the value of real
estate holdings. Founded in 1670, HBC is the oldest company in
North America. HBC's portfolio today includes formats ranging from
luxury to premium department stores to off price fashion shopping
destinations, with more than 480 stores and over 66,000 employees
around the world.
HBC's leading banners across North America and Europe include
Hudson's Bay, Lord & Taylor, Saks Fifth Avenue, Gilt, Saks OFF
5TH, Galeria Kaufhof, the largest department store group in
Germany, and Belgium's only department store group Galeria
INNO.
HBC has significant investments in real estate joint ventures.
It has partnered with Simon Property Group Inc. in the HBS Global
Properties Joint Venture, which owns properties in the United
States and Germany. In Canada, it has partnered with RioCan Real
Estate Investment Trust in the RioCan-HBC Joint Venture.
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Hudson’s Bay CompanyINVESTOR RELATIONS:Elliot
Grundmanis, 646-802-2469elliot.grundmanis@hbc.comorMEDIA
CONTACTS:Andrew Blecher, 646-802-4030andrew.blecher@hbc.com