https://financialpost.com/news/retail-marketing/canadian-retailer-hudsons-bay-prepares-to-file-for-bankruptcy
3 replies (most recent on top)
I’m sorry for all those employees who will lose their jobs due to corporate shortsightedness and not investing in the Hudson’s Bay Company.
For those that like to send the owner, Richard Baker, a letter, here’s his real estate company in New York.
Richard Baker
NRDC Equity Partners
225 Liberty Street
Floor 31
New York, NY 10281
Phone: +1(914) 272 8026
Email: ir@nrdc.com
HBC/SaksGlobal is a poorly run business.
Richard Baker is taking a queue from Eddie Lampert of Sears/Kmart and the grandfather of them all Robert Campeau who bought Allied Stores in 1986 and Federated in 1988 only to put both companies in Chapter 11 Bankruptcy in January 1990.
FYI: Hudson's Bay is the canary in the coal mind and
SAKS/NM/BG will be in bankruptcy courtesy of owner Richard Baker.