Flash ReportHudson’s Bay Company Goes Private; CEO Steps Down Coresight Research March 4, 2020 Reasons to ReadWith the world’s oldest retailer (founded in 1670) ready to delist from the Toronto Stock Exchange as it completes the share buyback program to take the company private, the question arises: What’s next for the erstwhile HBC now that it is in private hands, and what does that mean for retail? This report looks at the company’s current state, including: A greatly reduced store fleet—shrunk around 30%. How much of that reduction came via the sale of Lord & Taylor to rental service Le Tote. A greatly reduced real estate portfolio. Please Login to read the full report. Not a member? To access this content for free, register for a free account. This document was generated for Other research you may be interested in: Weekly UK Store Openings and Closures Tracker 2025, Week 44: Shoe Zone Closes StoresLower-Income Sentiment Continues to Weaken; Plus, Off-Price and Dollar Stores in Focus: US Consumer Survey InsightsUS Forecast To See Multibillion-Dollar Hit from Falling International Visitor Spend: Another Retail HeadwindTaking the Temperature on Tariffs Ahead of August 1: How Are Different Consumer Groups Reacting? US Consumer Survey Insights Extra
