On the surface, Walmart and luxury department store Lord & Taylor don’t have a lot in common outside of selling clothing. But that could soon be changing. [More]
Hudson’s Bay
Retail Apocalypse Claims 2,000 More Jobs As Hudson’s Bay Scales Back Workforce
By 6.9.17
Earlier this year it looked like Hudson’s Bay — the company behind Saks Fifth Avenue, Lord & Taylor, and Gilt — was looking to expand its footprint by way of purchasing either Macy’s or Neiman Marcus. Now, the retailer looks to be doing the opposite and cutting back by eliminating some 2,000 positions amid lower than expected sales. [More]
Saks Fifth Avenue Customer Email Addresses Posted Publicly
By 3.20.17
The email addresses for thousands of Saks Fifth Avenue customers were sitting on the retailer’s website, unencrypted, for an unknown period of time. [More]
Report: Hudson’s Bay In Talks To Buy Neiman Marcus
By 3.14.17
A month after Saks Fifth Avenue and Gilt parent company Hudson’s Bay was reported to be sniffing around Macy’s, the high-end retail giant is now apparently moving on to more luxurious pastures, with news that it is considering a purchase of newly available Neiman Marcus. [More]
Report: Hudson’s Bay Looking To Take Over Macy’s
By 2.3.17
Macy’s could soon be heading to Fifth Avenue, or rather, to the parent company of stores like Saks Fifth Avenue and Gilt, Hudson’s Bay is reportedly looking to take over the struggling department store. [More]
