What Happened?

About the 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 and 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, four Lord and Taylor outlet locations 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".

About the Person

Jon Nordeen is Chief Information Officer at Hudson Bay Company. Mr. Nordeen joined HBC with more than 25 years of information systems and management experience. Most recently, Mr. Nordeen served Kohl’s Department Stores in several roles including EVP Merchandise Planning, EVP Administration, and EVP Chief Information Officer. Prior to Kohl’s, Jon was CIO at Spiegel Group where he was responsible for all information systems services for its five divisions – Eddie Bauer, Spiegel Catalog, Newport News Catalog, Distribution Fulfillment Services, and First Consumers National Bank. He has also held a variety of management roles at Target Corporation. Mr. Nordeen studied computer science, accounting and corporate finance at Michigan State University and Wayne State University. He currently serves on advisory boards at Altierre Corp and MyStyleGenie.