It is the majority owner of iconic ecommerce companies: Saks, a leading online destination for luxury fashion, and Saks OFF 5TH, a premier luxury off-price ecommerce company offering top brands at the best prices. Both businesses were established as separate operating companies in 2021.
HBC also wholly owns Hudson’s Bay, Canada’s preeminent multi-category retailer, as well as SFA, the entity that operates Saks Fifth Avenue’s physical locations, and O5, the operating company for Saks OFF 5TH stores.
With assets spanning top markets and prime locations across North America, HBC owns or controls—either entirely or with joint venture partners—approximately 40 million square feet of gross leasable area. HBC Properties and Investments, the company’s real estate and investments portfolio business, manages these assets along with additional real estate offerings, including Streetworks Development, its property development division.
Founded in 1670, HBC is North America’s longest continually operating company and is headquartered in New York and Toronto.
Overview
Mentions in press and media 24
| Date | Title | Description |
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| Jan 15, 2026 | Inside the mad dash to save Saks, America’s last luxury retailer | |
| Jan 14, 2026 | Saks Global bankruptcy comes two years after Neiman Marcus acquisition: List of major US retail giant collapses | |
| Jan 5, 2026 | Saks in Talks for $1 Billion Bankruptcy Loan to Keep Doors Open | |
| Jan 2, 2026 | Saks Global announces new CEO as it reportedly prepares for bankruptcy | Saks Global said its executive chairman Richard Baker is now its CEO. Marc Metrick, a Saks executive for about three decades, has left the company. Saks Global, which was created after the acquisition of Neiman Marcus, is reportedly on the ... |
| Dec 23, 2025 | Saks Mulls Bankruptcy Year After Raising Billions for Turnaround | |
| Sep 22, 2025 | Saks Global in talks to sell 49% stake in Bergdorf Goodman for about $1 billion, WSJ reports | Saks Global in talks to sell 49% stake in Bergdorf Goodman for about $1 billion, WSJ reports By ReutersSeptember 21, 20259:48 PM UTCUpdated ago Text Small Text Medium Text Large Text Share X Facebook Linkedin Email Link A shopper exits Berg... |
| Mar 8, 2025 | Hudson’s Bay seeks creditor protection, plans to restructure business | TORONTO (AP) — Canada’s oldest retailer, Hudson’s Bay, has filed for creditor protection and intends to restructure the business. The department store company that dates back to 1670 announced the move Friday evening, saying it has been fac... |
| Jul 6, 2024 | Amazon to Help Saks Owner to Buy Neiman Marcus and Revolutionize Luxury Brand Marketing | By Inno Flores Published Jul 6, 2024 2:20AM EDT Share on Facebook Share on Twitter Share on LinkedIn Share on Reddit Share on Flipboard Share on Pocket In the fast-changing world of retail, Amazon has always been a trailblazer. However, bre... |
| Jul 5, 2024 | Владелец сети Saks купит ритейлера класса люкс Neiman Marcus за $2,65 млрд | Материнская компания Saks Fifth Avenue, HBC, заявила, что создаст Saks Global, объединенную компанию Saks Fifth Avenue, Neiman Marcus и других активов в сфере розничной торговли и недвижимости класса люкс. Сделка была объявлена в то время, ... |
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FAQ about Hudson's Bay Company
What has the press written about Hudson's Bay Company?
Parsers VC has collected 24 articles mentioning Hudson's Bay Company, among them “Inside the mad dash to save Saks, America’s last luxury retailer” (Jan 15, 2026) and “Saks Global bankruptcy comes two years after Neiman Marcus acquisition: List of major US retail giant collapses” (Jan 14, 2026).
Is Hudson's Bay Company still active?
Yes, Hudson's Bay Company is active; its latest activity on Parsers VC dates from Sep 10, 2026.