Hudson's Bay Trading Company

Hudson's Bay Trading Company, L.P

Former type	Holding company
Industry	Retail
Fate	dissolved
Founded	2008
Defunct	2012
Headquarters	New York, NY
Area served	Canada and United States
Key people	Robert C. Baker and Richard A. Baker
Owner	NRDC Equity Partners
Number of employees	70,000

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

External links

• NRDC Equity Partners
• National Realty & Development Corp.
• AREA Property Partners
• Lord & Taylor
• Hbc Department Stores