S four Lord Taylor outlet locations and lordandtaylorcom Saks Fifth Avenue one

S four lord taylor outlet locations and

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Taylor operates 49 full-line locations primarily in the northeastern and mid-Atlantic U.S., four Lord & Taylor outlet locations and lordandtaylor.com. Saks Fifth Avenue, one of the world’s pre-eminent luxury specialty retailers, comprises 39 US stores, five international licensed stores and saks.com. OFF 5TH offers value-oriented merchandise through 72 US stores and saksoff5th.com. Home Outfitters is Canada’s largest kitchen, bed and bath specialty superstore with 69 locations. HBC's wide network and large scale of operations provide it with economies of scale in supply chain, information technology infrastructure and advertising. Hudson's Bay Company Page 4 © MarketLine Hudson's Bay Company SWOT Analysis
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Extensive service offerings attract new customers HBC offers a wide range of services such as financial services and corporate gift cards. In financial services, HBC offers credit cards, insurance services, membership service and home and move service. Credit Cards are co-branded cards of Hudson's Bay Company and Capital One Canada. HBC Insurance offers insurance for life, health benefit, travel, dental, accident, critical illness and pet insurance.The membership services provide customers coverage and services that encompass home, auto, personal finances and life assistance.The home and move service provides real estate and moving services. The corporate gift cards enable companies to choose from thousands of products across Canada as gifts to clients and employees. In December 2014, HBC expanded its portfolio with the launch of mortgage brokering and money transfer services through its Hudson’s Bay Financial Services Group.Thus, diverse service offerings help HBC cater to a variety of customer needs and provides cross selling opportunity. Wide range of branded merchandise HBC is a leading North American retailer. The company offers a range of branded merchandise in Canada and the US through its three banners. In Canada, the company operates Hudson's Bay, Canada's largest national branded department store. In the US, HBC operates Lord & Taylor, a specialty department store with locations throughout the northeastern US and in two major cities in the Midwest. The company operates Home Outfitters, a kitchen, bed and bath superstore with locations across Canada. HBC’s other brands include Saks Fifth Avenue, and Saks Fifth Avenue OFF 5TH. Saks Fifth Avenue is one of the world’s pre-eminent luxury specialty retailers. Saks Fifth Avenue OFF 5TH offers value-oriented merchandise in the US. HBC's investment in its merchandising has been increasing over the years. In FY2014, the company's capital expenditure on merchandising was C$176.9 million (approximately $170.4 million) as compared to C$118.1 million (approximately $113.7 million) in FY2013. Increase in capital expenditure was primarily due to the acquisition of Saks in FY2014.The majority of the company's sale is from branded merchandise purchased directly from the brand owners or their licensees.
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