Monday, December 16, 2019

Hudson’s Bay Company postpones big meeting

Chain Store Age
The battle to take Hudson’s Bay Company private drags on.

The department store conglomerate, whose holdings include Saks Fifth Avenue, has postponed its special meeting of shareholders called to consider the agreement by a group of investors led by Hudson’s Bay executive chairman Richard Baker to take the retailer private. The meeting had been scheduled for Dec. 17, 2019. . . . more