Hudson’s Bay Company announced a total donation of $360,000 in monetary fund’s and product to support those impacted by Hurricane Sandy, including the 35 Lord & Taylor Associates who lost their own homes and /or major possessions, thanks to the combined efforts of Associates and customers across North America.
The donation includes more than$200,000 in cash donations from Associates to a special fund for impacted colleagues, as well as an $8,500 cash donation from customers to the Canadian Red Cross and a $155,000 in-kind donation of Home Studio product to help communities affected by Hurricane Sandy.
Associates in stores and head office locations came together to hold bake sales, raffles, garage sales and sample sales to help raise funds for their fellow colleagues and communities impacted. One store even donated their entire holiday party fund to the cause. The company ran a “Donate your HBC Rewards points” program, where Associates and customers donated their Rewards points in stores, by phone and online toward the relief efforts.
“Our Associates have a history of jumping in and lending their support to colleagues and communities in need,” says Richard Baker, Governor & CEO, Hudson’s Bay Company. “The generosity and compassion shown by everyone in the company exemplifies the culture of the HBC family, and continues our tradition of supporting the communities where we operate.”
Hudson’s Bay Company (HBC), founded in 1670, is North America’s longest continually operated company. In the United States, HBC operates Lord & Taylor, an iconic department store with 48 full-line store locations and 3 outlet locations throughout the northeastern United States and in two major cities in the Midwest, and lordandtaylor.com.
In Canada, HBC operates Hudson’s Bay, Canada’s largest department store with 90 locations, unsurpassed in its fashion, beauty, home and accessory designers and brands, as well as thebay.com. HBC also operates Home Outfitters, Canada’s largest home specialty superstore with 69 locations across the country.
With approximately 29,000 associates in Canada and the U.S., Hudson’s Bay Company banners provide stylish, quality merchandise at great value, with a dedicated focus on service excellence. The Hudson’s Bay Company trades on the Toronto Stock exchange under the symbol “HBC”.
