Best Buy Canada cutting 950 jobs
- Thread starter mentalfloss
- Start date
Old name for big ticket kitchen items- Fridge-stove- they always came in white, so the name white goods was coined.
Sears are to eliminate 1600 jobs after issuing a special $5 per share dividend. The American Sears the major shareholder...
This guy sold some stores to Target- 1.8 Billion- That is more than he paid for the company.
Tycoon shows his real estate savvy with sale of Hudson’s Bay store - The Globe and Mail
U.S. real estate tycoon Richard Baker is proving the naysayers wrong again.
He bought the struggling Hudson’s Bay Co. for about $1.1-billion in 2008 despite warnings that the retailer was a basket case, then sold most of the real estate of HBC’s troubled Zellers chain to U.S. discounter Target Corp. for even more – $1.8-billion.
Hudson’s Bay Co to sell flagship Toronto store to Cadillac Fairview in $650-million deal | Financial Post
Hudson’s Bay Co., which has been looking at ways to unlock value in its land portfolio, signed a $650-million deal to sell two properties to Cadillac Fairview Corp. on Monday.
The pact will put Saks Canada’s first location under the same roof as sibling retailer Hudson’s Bay flagship store at Queen and Yonge Streets. It includes the adjoining Simpson’s Tower office space property, but allows HBC, which bought Saks in a $2.9-billion deal last year, to lease back the properties for 25 years with an option to extend for nearly 50 more years.
