American Buyout Of Hudson's Bay Co.

Posted on Friday, January 27 at 10:44 by Anonymous
However, Canadian retail analysts were considerably more restrained. To Maureen Atkinson, of J.C. Williams Group, the deal could prove to be a classic case of "be careful what you wish for." "There are a few cases of department stores being turned around," she said. "But in North America, they are few and far between." Industry analysts insist the company will have to slim down and give its stores a distinct identity. Yesterday morning, HBC's board of directors unanimously endorsed Zucker's roughly $1.7-billion bid for the iconic company - Canada's largest retailer and oldest corporation. http://www.canada.com/montrealgazette/news/business/story.html?id=9faad6ee-3bba-40c6-ac33-ed73faae238b&k=13669

Note: http://www.canada.com/m...

Contributed By


Topic



Article Rating

 (0 votes) 

Options




Comments



    You need to be a member and be logged into the site, to comment on stories.



    Latest Editorials

    more articles »

    Your Voice

    To post to the site, just sign up for a free membership/user account and then hit submit. Posts in English or French are welcome. You can email any other suggestions or comments on site content to the site editor. (Please note that Vive le Canada does not necessarily endorse the opinions or comments posted on the site.)

    canadian bloggers | canadian news