HUDSON BAY_FINAL1 (2).docx - HUDSON BAY STRATEGIC REVIEW 15TH APRIL\u201920 PRESENTED BY GROUP 1 KARISHMA HEMNANI \u2013 217809013 PAYAL \u2013 217777525 AHILA

HUDSON BAY_FINAL1 (2).docx - HUDSON BAY STRATEGIC REVIEW...

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HUDSON BAY STRATEGIC REVIEW 15 TH APRIL’20 PRESENTED BY: GROUP 1- KARISHMA HEMNANI – 217809013 PAYAL – 217777525 AHILA VEDAMOORTHY PILLAI – 216811168 ANNA TCYMBAL – 217618141
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Sr.No Title Page No. 1. Executive Summary 1 2. Company Profile 2 3. Corporate Details 3 4. Value Proposition 4 5. Industry Analysis 5 6. Strategy and Social responsibility 8 7. Key issues 10 8. Key strategy implementation 12 9. Competition and Performance analysis 15 10. Financial statements analysis 18 11 Recommendation 20 TABLE OF CONTENTS
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12 Exhibit 1 21 13 Exhibit 2 22 14 Exhibit 3 23 15 Exhibit 4 24 16 Exhibit 5 25 17 Citation 26
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Founded in 1670, HBC is the oldest company in North America and a diversified retailer focused on driving the performance of high-quality stores and their omnichannel platforms and unlocking the value of real estate holdings. HBC’s portfolio today includes formats ranging from luxury to premium department stores to off price fashion shopping destinations, with over 300 stores and about 40,000 employees. HBC’s leading businesses across North America include Saks Fifth Avenue, Hudson’s Bay, Lord + Taylor, and Saks OFF 5TH. Along with its retail business, HBC also has significant investments in joint ventures. It has partnered with Simon Property Group Inc. in the HBS Joint Venture, which owns properties in the United States. In Canada, it has partnered with RioCan Real Estate Investment Trust in the RioCan-HBC Joint Venture. HBC has partnered with SIGNA Retail Holdings for real estate and retail joint ventures in Europe. Recently during 2017, HBC collaborated with Walmart.com, announced an agreement for a Lord & Taylor flagship store on Walmart.com. HBC and Le Tote, a leading fashion rental subscription service, have entered into an agreement for Le Tote to acquire Lord + Taylor. Le Tote’s proprietary technology, data and innovation combined with Lord + Taylor’s traditional store footprint, e-commerce presence and merchandise selection will offer customers a new experience in the mid-market segment. Going forward, HBC since March 3, 2020 has gone private. Due to the difficult time in the retail business, HBC took an opportunity to go private and take longer time to adjust its financial position. 1 EXECUTIVE SUMMARY
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The Hudson's Bay Company began life in London, England, almost 350 years ago in 1670. HBC a Canadian retail business group, is a diversified retailer focused on driving the performance of high-quality stores and their omnichannel platforms and unlocking the value of real estate holdings. Founded in 1670, HBC is the oldest company in North America and is commonly referred to as THE BAY. HBC’s portfolio today includes formats ranging from luxury to premium department stores to off price fashion shopping destinations, with over 300 stores and about 40,000 employees. Company has 90 locations across Canada, one outlet and online stores, which limits the availability or successfulness of new entrants. A trading business for much of its existence, HBC also owns and operates retail stores in Canada and the United states. HBC’s leading businesses across North America include Saks Fifth Avenue, Hudson’s Bay, Lord + Taylor, and Saks OFF 5TH. Hudson's
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