Tag Archives: Lord & Taylor

Hudson’s Bay Launches Digital Group

Michael Burgess

TORONTO-Hudson’s Bay Co. has created HBC Digital, a group responsible for digital commerce and marketing across the entire company. The retailer has named Michael Burgess, president of Saks Direct, as president of the new group. Burgess reports to the Hudson’s Bay Office of the Chairman. HBC Digital is responsible for the digital commerce and marketingMore »

Hudson’s Bay to Acquire Saks

Hudson's Bay

TORONTO-Hudson’s Bay Co. has entered into an agreement with Saks Inc. whereby Hudson’s Bay will purchase Saks for $16 a share, in a deal valued at about $2.9 billion including debt. A joint statement from the two retailers said both of their boards of directors have approved the deal, which is expected to close beforeMore »