TORONTO, July 14, 2017 /CNW/ - The HBC Foundation
announced today a donation of $50,000
to the Canadian Red Cross to support relief efforts for individuals
and families affected by wildfires in British Columbia. The donation will help the
Canadian Red Cross provide critical support to people and families
in desperate need of assistance.
Donations can be made directly to the Red Cross by visiting
www.redcross.ca, calling 1-800-418-1111, or in person at any
Canadian Red Cross location.
About the HBC Foundation
Established in Canada in 2005
and in the U.S. in 2017, the HBC Foundation is the North American
charitable arm of Hudson's Bay
Company. The foundation is a Canadian registered charity and a
501(c)(3) non-profit organization in the U.S. dedicated to
improving lives by enhancing physical and mental health through
education, access, research, and empowerment. By channeling the
collective power of HBC's banners North America, including Hudson's
Bay, Lord & Taylor, Saks Fifth Avenue, Saks OFF 5TH and
Gilt.com, the foundation helps to transform the mental health
landscape.
About HBC
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.
SOURCE Hudson's Bay