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HBC Expands Wilkes Barre Distribution Center; Creates 140 New Jobs

TORONTO, January 13, 2014 – Hudson’s Bay Company (TSX: HBC) is pleased to announce the expansion of its distribution center in Wilkes Barre, Pennsylvania, with the addition of 140 new jobs at the facility.  The move follows HBC’s acquisition of Saks Fifth Avenue; as part of the integration process, HBC merged the receiving and processing of merchandise for its Saks Fifth Avenue stores from the Aberdeen, Maryland DC into the existing HBC, Wilkes Barre location.  This location will be the hub for all goods for Saks Fifth Avenue Stores, Lord & Taylor stores as well as all e-commerce fulfillment for Lord & Taylor.  Additionally, this location continues to be the home of the HBC Customer Contact Center.

“It is always exciting to announce job creation, and HBC is proud to bring 140 new positions to Wilkes Barre,” said Bill Tracy, EVP, Distribution and Logistics, HBC.  “With the addition of Saks Fifth Avenue and the tremendous growth of our e-commerce business, the Wilkes Barre facility is vital to us meeting customer demand; not just the fulfillment of merchandise orders, but delivering on the full customer experience people have come to expect from HBC,” he added.

As previously announced, HBC expects to achieve C$100 million of annual synergies within three years through a combination of shared services, operational efficiencies and implementing best practices across banners.  HBC is currently exploring other options that would optimize the use of the Aberdeen location.

About Hudson’s Bay Company  

Hudson’s Bay Company (HBC), founded in 1670, is North America’s longest continually operated company. Today, HBC offers customers an unparalleled range of retailing categories and shopping experiences internationally. In Canada, HBC operates Hudson’s Bay, Canada’s largest department store with 90 full-line locations and one outlet store as well as thebay.com, unsurpassed in its fashion, beauty, home and accessory designers and brands. HBC also operates Home Outfitters, Canada’s largest home specialty superstore with 69 locations across the country.

In the United States, HBC operates Saks Fifth Avenue, one of the world’s pre-eminent specialty retailers, renowned for its superlative designer collections and first-rate fashion expertise.  Saks Fifth Avenue comprises 41 full-line stores in 22 states, five international licensed stores, saks.com, 72 Saks Fifth Avenue OFF 5TH stores and saksoff5th.com. HBC also operates Lord & Taylor, a leading department store chain with 49 full-line store locations throughout the northeastern United States, in two major cities in the Midwest and in Boca Raton, Florida, and lordandtaylor.com. Hudson’s Bay Company banners provide stylish, quality merchandise with a dedicated focus on service excellence. Hudson’s Bay Company trades on the Toronto Stock Exchange under the symbol “HBC”.

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Media Contact:

Tiffany Bourré
Hudson’s Bay Company
Phone: (905) 595-7184
Email: tiffany.bourre@hbc.com