Tag: hudsonsbay

Hudson’s Bay Company Plans to Cut Thousands of Jobs

Hudson’s Bay Company plans on cutting approximately 2,000 jobs as it would “reduce expenses by rationalizing its corporate functions and overhead across North America.” The Canadian Holding Company is changing its hierarchy across the board, which said […]

Hudson’s Bay acquires Gilt Groupe

  On Thursday, news came out that Hudson’s Bay agreed to acquire Gilt Groupe for $250 Million in cash. Gilt Groupe is an online shopping website that provides instant insider access to top designer labels. The press […]