Hudson's Bay Company Foundation Donates $100,000 to Canadian Red Cross and Mobilizes Customers to Support Wildfire Relief Efforts in Fort McMurray

TORONTO, May 6, 2016 /CNW/ - Hudson's Bay Company (HBC) announced today a donation of $100,000 from the HBC Foundation to the Canadian Red Cross to support wildfire relief efforts currently affecting Fort McMurray, Alberta, and surrounding regions. Furthermore, HBC is empowering Hudson's Bay and Home Outfitters customers to donate their HBC Rewards Points at hbc.com/hbcrewards. HBC will convert all collected points to cash and donate equivalent funds to the Canadian Red Cross Alberta Fires Emergency Appeal. Donations will help the Canadian Red Cross provide critical support to people and families in desperate need of assistance.  

"The Red Cross is incredibly grateful for this generous donation from HBC Foundation," said Conrad Sauvé, secretary general and CEO of the Canadian Red Cross. "This support will help the Canadian Red Cross assist those affected not just today, but for the weeks, months, and even years that follow as the community of Fort McMurray recovers."

"Our thoughts are with the people of Fort McMurray," said Jerry Storch, Chief Executive Officer, Hudson's Bay Company. "This is a devastating event and we remain committed to the community during this difficult time. We are proud to join forces with our customers to support the relief efforts of the Canadian Red Cross." 

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 Hudson's Bay Company

Hudson's Bay Company is one of the fastest-growing department store retailers in the world, based on its successful formula of driving the performance of high quality stores and their all-channel offerings, unlocking the value of real estate holdings and growing through acquisitions. Founded in 1670, HBC is the oldest company in North America. HBC's portfolio today includes ten banners, in formats ranging from luxury to better department stores to off price fashion shopping destinations, with more than 460 stores and 66,000 employees around the world.

In North America, HBC's leading banners include Hudson's Bay, Lord & Taylor, Saks Fifth Avenue, Gilt, and Saks OFF 5TH, along with Find @ Lord & Taylor and Home Outfitters. In Europe, its banners include GALERIA Kaufhof, the largest department store group in Germany, Belgium's only department store group Galeria INNO, as well as Sportarena.

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