Saks Global's near bankruptcy is the result of risky dealmaking—and a neglect of business basics Also: All the news and watercooler chat from Fortune. Fortune · Jan 8
How a real estate scion's risky dealmaking pushed Saks Global to the brink With vendors angry and luxury shoppers deserting in droves, the department store chain’s new CEO, Richard Baker, faces a tough slog. Fortune · Jan 6
HBC’s artworks and collections help us understand Canada’s origins — and can be auctioned off The proposed liquidation of many of the Hudson’s Bay Company’s (HBC) collections that together trace over three centuries of Indigenous and European interaction across this continent represents a profound threat to Canada’s collective memory and identity. The Conversation · May 13, 2025
More than a department store: The long, complicated legacy behind Hudson’s Bay Company The bankruptcy of the Hudson’s Bay Company (HBC) is often framed as the fall of “Canada’s oldest company.” Media narratives typically treat HBC as if it were a straightforward retail firm, albeit one with an exceptionally long history. The Conversation · Apr 7, 2025
Hudson's Bay Company: From Fur Trade To Department Store Downfall From the 17th century fur trade that birthed a nation to the last major department store in Canada, The Hudson's Bay Company has left an indelible mark, but its storied 354 years are crashing to an end. International Business Times · Mar 30, 2025
Walk on the weird side: Tim Burton’s movies – ranked! With his new sequel Beetlejuice Beetlejuice set to open the Venice International Film Festival on 28 August, we look back at the career of every goth’s favourite director The Guardian - UK · Aug 22, 2024
Parent company of Saks Fifth Avenue to buy rival Neiman Marcus for $2.65 billion, The parent company of Saks Fifth Avenue has signed a deal to buy upscale rival Neiman Marcus Group, which owns Neiman Marcus and Bergdorf Goodman stores, for $2.65 billion, with online behemoth Amazon holding a minority stake The Independent UK · Jul 4, 2024
Saks buys Neiman Marcus in $2.6bn deal — with a little help from Amazon The deal was reportedly sealed with some help from Amazon, which is taking a minority stake in the newly-formed group Saks Global The Independent UK · Jul 4, 2024
Read, exchange, meet up; all for Hyderabad’s love of reading Three initiatives - Hyderabad Book Club, book exchange idea by Ofen cafe in association with Turn the Page book club and Die Hard Book Readers are avenues for book lovers to come together, discuss, and share books. The Hindu · Aug 17, 2023
Letters to the Editor: May 2023 On the Bay, Ottawa’s transit fiasco, and remembered cowboys The Walrus · Apr 18, 2023
Why Hudson’s Bay Company’s Future Is in Question HBC saw its start during London’s bubonic plague and might see its end in the aftermath of COVID-19’s retail devastation The Walrus · Jan 4, 2023
The fur trade shows us that Canada has a long history of unethical business practices With rising prices caused by inflation, Canadians are struggling to afford the basic costs of living. According to a recent Angus Reid Institute study, nearly 60 per cent of Canadians are struggling to provide food for their families. Meanwhile, profits are surging for grocery retailers, raising concerns about monopolies. The Conversation · Dec 7, 2022
Gators to Sell Beer Honoring Steve Spurrier at Football Games The HBC (Head Beer Coach) 1966 Lager will make its 2022 debut Saturday night when Utah plays Florida. Sports Illustrated · Sep 3, 2022
Birdwatchers from India, Nepal and Bhutan to count birds in the Himalayas First edition of the Himalayan Bird Count (HBC) to be held on May 14 The Hindu · May 10, 2022