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Hudson's Bay Company's first inland trading post was established by Samuel Hearne in 1774 with Cumberland House, Saskatchewan. [43] [44] Conversely, a number of inland HBC "houses" pre-date the construction of Cumberland House, in 1774.
In 2021, the new Neo Financial HB Mastercard kept the same double-point bonus. [4] In 2022, Hudson's Bay Rewards ended their point-conversion partnership with Air Miles. [5] in 2023, an app was released that coincided with a relaunch of the Rewards program. [6] The app and website now included personalized offers and point bonuses for users. [7 ...
On March 30, 2023, Bed Bath & Beyond terminated its deal with HBC and instead tried to sell up to $300 million of common stock in the open market with the offering led by B. Riley Financial. Before the deal was terminated, Bed Bath & Beyond had raised at last $360 million where HBC had converted its preferred stock and warrants into at least ...
Canadian digital bank Neo Financial has raised $145.2 million (CAN$185 million) after surpassing the 1 million customer mark, the company announced today. Valar Ventures led the investment, which ...
Hudson's Bay Company Reports Second Quarter 2013 Financial Results; Declares Quarterly Dividend and Prepares for Acquisition of Saks Strong Sales at Hudson's Bay and Growing E-commerce Drive ...
Hudson's Bay Co is working with investment bankers and consultants to identify deals and new measures to turn around its Lord & Taylor department store chain, once the cornerstone of its retail ...
On January 23, 2012, the Financial Post reported that Baker had dissolved Hudson's Bay Trading Co., and Toronto-based Hudson's Bay Company will now operate both The Bay and Lord & Taylor. This new entity will be run by The Bay CEO Bonnie Brooks. CEO Brendan Hoffman will leave Lord & Taylor and take over as CEO at the department store chain Bon ...
A recently disclosed credit card hack affecting Saks Fifth Avenue, Lord & Taylor, and Saks OFF 5TH will make it that much harder for Hudson's Bay to return to profitability.