TORONTO — Hudson’s Bay Co. has announced that its Dutch division will wind down by year’s end. HBC Netherlands BV’s 15 retail stores, e-commerce site and suburban Amsterdam head office. The business is a joint venture between HBC and SIGNA Retail Holdings. Under the terms of HBC’s agreement with SIGNA, the historic Canadian firm is slated to assume control of Hudson’s Bay Netherlands when the transaction closes, which is expected to take place later in the fall.
HBC to close Netherlands business
Most Recent
Most Read
Weyerhaeuser sales, earnings slip in Q2
Fri, July 26th, 2024
Don’t miss the incredible speakers at the Hardlines Conference!
Fri, July 26th, 2024
Canfor announces CEO succession
Thu, July 25th, 2024
West Fraser reverses Q2 loss
Thu, July 25th, 2024
Tractor Supply’s comp sales dip in Q2
Thu, July 25th, 2024
Loblaw turns in mixed Q2 results, strong online sales
Thu, July 25th, 2024
In memoriam: blues rock legend John Mayall
Thu, July 25th, 2024
Barcodes turn 50
Wed, July 24th, 2024
Featured Classified: RONA
Wed, July 24th, 2024
RONA affiliate makes acquisitions in Ottawa area
Tue, July 23rd, 2024