(Dec. 31, 2007)
401 Bay St., Suite 500, Toronto, ON M5H 2Y4 CANADA
Tel: (416) 861-6112 Fax: (416) 861-4720 URL: www.hbc.com
Total Sales: $8 Billion
Percentage of Sales in Exclusive Brands: N/A
Principal Business: The Hudson Bay Trading company is the new holding company established by NRDC Equity Partners, New York, after its acquisition of Hudson’s Bay Co. (HBC) in July 2008. Hudson’s Bay is the oldest, continuously operating corporation in Canada and its largest department store chain. The company oversees some 580+ stores in Canada, including: 100+ The Bay department stores (135,000 square feet average), 290+ Zellers mass merchandise stores (92,000 square feet average), 60+ Home Outfitters kitchen/bed/bath specialty stores (32,000 square feet average), 16 Fields value-priced general merchandise outlets (8,000 square feet average) mostly in Western Canada, and 10 Designer Depot off-price designer apparel outlets. NRDC, an operator of 75 shopping centers in 14 U.S. states, also owns the 47-store Lord & Taylor upscale department store chain in the U.S., the 23-store Fortunoff specialty fine jewelry and home furnishing stores, and Creative Design Studios (formed October 2007) as a developer and manufacturer of designer-driven brands for regional department stores.
Exclusive Brand Identities: At The Bay (Mantles, Outline, Request, Sportex, Beaumark, Home Styles, etc.), at Zellers (Truly), at Lord & Taylor (Kate Hill, Contex, Black/Brown, 1826, etc.). Additionally, The Bay has exclusive licensed brands, such as Cherokee (clothing), Alfred Sung (home collection), and a number of Macy’s private labels--I.N.C., Style & Co., Tools of the Trade, etc.
Total Number of SKUs in Exclusive Brands: N/A
Profile:
This company is now in a reorganization phase, as its new owner, NRDC, plans to move Lord & Taylor into Canada (and possibly into Mexico and Asia) and develops the Fortunoff jewely and home decor boutiques in its other department store formats. Zellers also is building its convenience and grocery business. There likely will be a consolidation of its private brands.
Procurement Contacts: N/A
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