Kalpana Kalpana (Editor)

Hudson's Bay Trading Company

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Former type
  
Holding company

Fate
  
dissolved

Owner
  
NRDC Equity Partners

Headquarters
  
New York City

Ceased operations
  
2012

Industry
  
Retail

Defunct
  
2012

Founded
  
2008

Number of employees
  
70,000

Area served
  
Canada and United States

Key people
  
Robert C. Baker and Richard A. Baker

Hudson's Bay Trading Company, L.P. was an American portfolio company for NRDC Equity Partners, a private equity company. Hudson's Bay Trading Company was founded in 2008.

NRDC Equity Partners was founded by Robert Baker and Richard Baker of National Realty and Development Corp., and William Mack and Lee Neibart of AREA Property Partners. Richard Baker served as President CEO of NRDC Equity Partners.

On January 23, 2012, The Financial Post reported that Baker had dissolved Hudson’s Bay Trading Co., and Toronto-based Hudson's Bay Company will now operate both The Bay and Lord & Taylor. This new entity will be run by The Bay CEO Bonnie Brooks. CEO Brendan Hoffman will leave Lord & Taylor and take over as CEO at the department store chain Bon Ton. Baker will remain governor and CEO of the business and Donald Watros will stay on as chief operating officer.

Assets

Canada

  • Hudson's Bay Company, a Canadian retail company consisting of:
  • The Bay, a high-end department store chain
  • Zellers, a mass-market department store
  • Home Outfitters, a home decor retailer
  • Fields, a variety store chain
  • United States

  • Lord & Taylor, a high-end department store chain
  • References

    Hudson's Bay Trading Company Wikipedia


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