TORONTO, July 14, 2017 /CNW/ - The HBC Foundation announced today a donation of $50,000 to the Canadian Red Cross to support relief efforts for individuals and families affected by wildfires in British Columbia. The donation will help the Canadian Red Cross provide critical support to people and families in desperate need of assistance.
Donations can be made directly to the Red Cross by visiting www.redcross.ca, calling 1-800-418-1111, or in person at any Canadian Red Cross location.
About the HBC Foundation
Established in Canada in 2005 and in the U.S. in 2017, the HBC Foundation is the North American charitable arm of Hudson's Bay Company. The foundation is a Canadian registered charity and a 501(c)(3) non-profit organization in the U.S. dedicated to improving lives by enhancing physical and mental health through education, access, research, and empowerment. By channeling the collective power of HBC's banners North America, including Hudson's Bay, Lord & Taylor, Saks Fifth Avenue, Saks OFF 5TH and Gilt.com, the foundation helps to transform the mental health landscape.
HBC is a diversified global retailer focused on driving the performance of high quality stores and their all-channel offerings, growing through acquisitions, and unlocking the value of real estate holdings. Founded in 1670, HBC is the oldest company in North America. HBC's portfolio today includes formats ranging from luxury to premium department stores to off price fashion shopping destinations, with more than 480 stores and over 66,000 employees around the world.
HBC's leading banners across North America and Europe include Hudson's Bay, Lord & Taylor, Saks Fifth Avenue, Gilt, Saks OFF 5TH, Galeria Kaufhof, the largest department store group in Germany, and Belgium's only department store group Galeria INNO.
HBC has significant investments in real estate joint ventures. It has partnered with Simon Property Group Inc. in the HBS Global Properties Joint Venture, which owns properties in the United States and Germany. In Canada, it has partnered with RioCan Real Estate Investment Trust in the RioCan-HBC Joint Venture.
SOURCE Hudson's Bay
For further information: Media Contact: Tiffany Bourré, Director, External Communications, Hudson's Bay Company, (905) 595-7184, [email protected]