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Search results for "HBC"



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Europe ends mostly lower as Greek standoff weighs

European equities closed mostly lower on Thursday, as investors awaited a high-profile referendum in Greece over the weekend.
Source: CNBC.com | By: Jenny Cosgrave
HBC may face challenge replicating its successes in Europe

TORONTO, June 15- Hudson's Bay Co's $3.2 billion acquisition of Germany's Kaufhof opens a path to expansion in Europe, but the route will be treacherous as the department store operator tries to replicate its North American success on a continent where others have failed. And while the company said it has "an abundance of ideas" to drive growth in a notoriously...
Source: Reuters | By: Solarina Ho
German Metro sells Kaufhof to Hudson's Bay for $3.1B

Germany's Metro said on Monday it was selling its Galeria Kaufhof chain to Canadian department store operator Hudson's Bay for 2.825 billion euros ($3.13 billion).
Source: Reuters
UPDATE 2-Hudson's Bay benefits from Target exit; costs pinch results

TORONTO, June 10- Target Corp's exit from Canada has helped Hudson's Bay Co pick up Canadian market share, HBC executives said on Wednesday as the department store operator reported higher quarterly sales but a bigger loss. The company, founded in 1670, said overall same-store sales rose 2.7 percent on a constant currency basis, with sales up 4.9 percent at its...
Source: Reuters | By: Solarina Ho