ZELLERS TO EXPAND STORE FOOTPRINT ACROSS CANADA
by John Russel Jones
Jun 26, 2023
She most recently served as executive vice president, general merchandise manager of full price – men’s and kids at Nordstrom.
Read MoreThe new take-private bid values the retailer at about C$2 billion ($1.5 billion).
Read MoreCatalyst, which owns 17.5 percent of HBC, is offering $11 Canadian dollars per share, which tops a rival bid led by a shareholder group, including CEO Richard Baker, which owns 57 percent of the common stock.
Read MoreThe Canadian-based retailer, which owns Saks Fifth Avenue, said on Monday that it will buy back the remaining 43 percent of shares it doesn’t already own.
Read MoreThe retailer will close its 15 stores, e-commerce site and headquarters in the Netherlands on or before December 31st.
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