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Here's How Hudson’s Bay Expects To Benefit From Parent's Neiman Marcus Deal

Canadian Business To Become Standalone Entity, Owning Its Retail Real Estate
The Bay, or La Baie as it is also known in parts of Canada including this outlet in Ottawa, is expected to receive a shot in the arm with HBC's blockbuster deal for Neiman Marcus. (CoStar)
The Bay, or La Baie as it is also known in parts of Canada including this outlet in Ottawa, is expected to receive a shot in the arm with HBC's blockbuster deal for Neiman Marcus. (CoStar)

The parent of Hudson's Bay Company, a mainstay of Canada’s cultural and retail fabric since the earliest days of European settlement, gains financial stability to support its centrally located real estate following its agreement to buy the Neiman Marcus chain of luxury stores.

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