The longtime Hudson’s Bay Company (HBC) store at Oakridge Centre will close before the end of next month, on March 24, 2021. A spokesperson for HBC told Daily Hive Urbanized the department store will reopen within a new two-storey, 140,000 sq ft within the shopping mall’s redevelopment in 2024.
Is Hudson Bay closing in Canada?
The downtown Edmonton Hudson’s Bay store shut forever last week in a former Eaton’s space at Edmonton City Centre. … In October of 2020 the Hudson’s Bay Company announced a new division called HBC Properties and Investments with Streetworks Development reconceptualizing the downtown flagships as mixed-use buildings.
Is Hudson’s Bay still open?
Consequently, at 15,600 square metres (168,000 sq ft), it was the smallest Hudson’s Bay flagship. The Winnipeg store closed on 30 November 2020, and the Edmonton store closed on 3 June 2021.
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Are all Hudson Bay stores closing?
Topshop and Topman are closing all stores within Hudson’s Bay after launching in Canada 10 years ago. HBC confirmed to Daily Hive the UK fast-fashion brand would be exiting Hudson Bay stores this fall.
What is happening with Hudson Bay?
Hudson’s Bay Co. says it is separating its department stores from its online marketplace, creating two separate businesses and distinct leadership structures. The company says its e-commerce business will operate as The Bay, while its group of 86 brick-and-mortar stores will operate as Hudson’s Bay.
Is the Bay closing 2020?
“They have no intention of closing the Bay down,” said Fred Waks, chief executive at Trinity Development Group Inc., a commercial real estate development firm, adding that he has been in talks with HBC to repurpose some of its properties.
Is the Bay accepting returns now?
Items sold by Hudson’s Bay* are eligible for FREE RETURNS online and in store. Effective May 4, 2021, customers returning items purchased using the Hudson’s Bay Credit Card or Hudson’s Bay Mastercard issued by Capital One will be refunded to a Hudson’s Bay gift card.
Who owns Hudson’s Bay?
The move is part of the company’s plan to expedite its ‘digital-first’ transformation. According to this plan, the e-commerce business will function as The Bay and be responsible for planning, buying, brand direction, marketing and technology for the two businesses.
Is Hudson Bay and The Bay same?
Last week we reported that the Hudson’s Bay Company is separating its physical store and online businesses. It’s now officially online as the retailer’s website now shows ‘The Bay’ as being the official name of the site utilizing the same font as what’s seen on most updated Hudson’s Bay department stores in Canada.
What is the Hudson Bay Company today?
The Hudson’s Bay Company’s current operations include Hudson’s Bay, Saks Fifth Avenue and Saks OFF 5TH in Canada and the United States. As of 2020, HBC operates nearly 250 stores and employs about 30,000 people.
How many Hudson’s Bay stores are there?
The retail sales of Hudson’s Bay Company, the Canadian retail business group, reached approximately 5.47 billion Canadian dollars as of the third quarter 2019. This represents a slight decrease compared to the retail sales of the same period a year earlier, which totaled 5.51 billion Canadian dollars.