The department store group's board of directors isn't going to sell the company at a rock-bottom price -- no matter how bad the retail apocalypse seems to be.
News & Analysis: Hudson's Bay Company
An attempt by the struggling retailer's chairman and several other major shareholders to take Hudson's Bay private is likely to fail unless the would-be buyers are willing to raise their offer.
The luxury retailer's sales and profitability are falling once again -- and it's set to face tougher competition in one key market starting this year.
The multinational department store conglomerate is downsizing once again -- and its top shareholders want to take the company private.
The struggling department store chain can't afford to keep operating stores in failing malls.
The department store operator is likely to get rid of its struggling Lord & Taylor chain, one way or another.
A new management team has made aggressive changes over the past year to boost profitability at the struggling department store conglomerate.
The department store owner continues to narrow its focus and shut down unprofitable parts of its business.
While Hudson's Bay has fortified its balance sheet, it still needs to drive faster sales growth and significantly improve its profitability.
The storied department store chain will close up to 10 stores next year, but it has only identified three of them so far. Where else might Lord & Taylor be planning to downsize?