Robert Baker insider selling at Hudson's Bay

Robert Baker insider selling at Hudson's Bay (T:HBC)

Robert C. Baker, a Director, disposed of 297,700 Common Shares on a control or direction basis for registered holder Mr. and Mrs. Robert Baker Family Foundation at a price of $10.013 on December 11th, 2017. This represents a $2,980,930 divestment of the company's shares and an account share holdings change of -28.8%.

Hudson's Bay Company is in the Department Stores Sub Industry Group under the Consumer Cyclicals Sector.

Hudson's Bay Company (HBC) is a Canada-based department store retailer. The Company is an operator and a consolidator, as well as a real estate developer. The Company's retail portfolio includes approximately 10 banners, in formats ranging from luxury to better department stores to off price fashion shopping destinations, with over 460 stores. The Company operates through four segments: the Department Stores Group (DSG) which includes Hudson's Bay, Lord & Taylor, Find @ Lord & Taylor and Home Outfitters; Saks Fifth Avenue; OFF 5TH, and the Kaufhof Banners. In North America, HBC's banners include Hudson's Bay, Lord & Taylor, Saks Fifth Avenue, Gilt, and Saks Fifth Avenue OFF 5TH (OFF 5TH), along with Find @ Lord & Taylor and Home Outfitters. In Europe, the Company's banners include GALERIA Kaufhof, a department store group in Germany, Belgium's department store group Galeria INNO, as well as Sportarena, a banner specializing in athletic wear, and Gilt, an e-commerce fashion retailer.