Hudson’s Bay Company

Hudson’s Bay Co reportedly initiated early talks for a Macy’s Inc (NYSE: M) takeover Friday, but Dow Jones warned that discussions may not lead to a deal. Hudson's Bay is the owner of Saks Fifth Avenue and Lord & Taylor. The news comes a day after reports of disarray...

In a discrimination lawsuit filed Friday, an African-American shopper said Macy’s (NYSE: M) security personnel stopped him after he bought a $2,400 Louis Vuitton bag and an alarm went off as he tried to exit the store. According to club promoter, Halim Sharif, he was detained and his bag...

Long time luxury retailer, Saks (NYSE: SKS) is being sold to Toronto-based Hudson’s Bay, parent company of Lord & Taylor, for $2.4 billion, according to Forbes. The fact that Saks was for sale was no surprise. Saks hired Goldman Sachs (NYSE: GS) back in May to help it seek out sales or...