Once valued at around $1 billion, eCommerce startup Gilt has found its exit, a $250 million acquisition by Saks’ parent company, Hudson’s Bay Co. (HBC). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
November 12, 2019
According to reports, the acquisition deal between Le Tote and Hudson Bay Company (HBC) for Lord & Taylor has officially closed, with Le Tote Chief Merchandising Officer Ruth Hartman appointed as president of the department store. The deal was reportedly worth 99.5 million Canadian dollars in cash (USD$75 million at the time) and a secured […]
December 15, 2015
Once valued at around $1 billion, eCommerce startup Gilt has found its exit, a $250 million acquisition by Saks’ parent company, Hudson’s Bay Co. (HBC). Get the Full Story Complete...
