Hudson's Bay Company (Hbc) - Press Releases

Fairies Grant Enchanted Holiday Wishes at the Bay

Fairies Grant Enchanted Holiday Wishes at the Bay

Animated Windows are Unveiled to Kick Off the Holiday Season

Toronto, ON: November 6^th, 2008; The Bay Queen Street is the place to start your holiday season with an array of holiday events and sights. Beginning with the unveiling of the Bay’s favorite holiday windows on November 6^th, followed by a special guest appearance and topped off with magical décor, the Bay will get even the most stubborn Scrooge in the Christmas spirit.

Dating from the 1930’s, the Bay has been enchanting shoppers with magical Holiday windows. This year, under our “Enchanted Christmas” theme, passersby will be mesmerized by our new “Enchanted Forest” fairytale windows along with a our Toyland window with working train that is sure to entertain, and last buy not least, back for an encore presentation our “Santa” Animated windows.

Luring images of fairies are carried through the Bay Queen Street with 200 floating fairies suspended from the ceiling in the cosmetics atrium.

“The Bay is thrilled to be among the very few great department stores around the world that continues to bring enchantment to our customer during the Holiday Season,” said Bonnie Brooks, CEO, the Bay “It’s a great time of year to respect our heritage and tradition. The animated windows are worth a visit downtown for the whole family to put everyone in the holiday spirit”

Trish Romance, special appearance on November 14^th and 15^th.

Romance, who resides in Niagara-on-the-lake, is known globally for her creativeness and her signature medium, water colour.Come experience winter through the eyes of Trisha as she visits the Bay’s Christmas St located on the 5^th floor of the Queen St store.Christmas St is a 9,000 sq foot Holiday Experience, once you entered, you are instantly surrounded by the sights and sounds of the Holiday season and emerged in the many available options presented to you on how to decorate you home this season.

The man of the hour himself, Mr. Santa Clause, will be in the vicinity on Sunday, November 16^th spreading holiday cheer during the Santa Clause Parade.

On November 15 and 16^th and December 6^th and 7^th the Bay presents the Christmas in the City events- appealing to the senses as the Bay brings the season’s wonderment together.

The magic, the spirit, the excitement and the anticipation of the season shine through during the Cavalcade of Lights Christmas tree designed by Brian Gluckstein for Gluckstein Home on Saturday, November 29^th.With over 300,000 LED lights illuminating Nathan Phillips Square, Toronto’s Christmas tree will be the talk of the town and you don’t want to miss it.

Christmas time with the Bay is filled with excitement, come join us as we create holiday memories.

About Hudson’s Bay Company:

Hbc is a division of Hudson's Bay Trading Company and Canada's largest diversified general merchandise retailer, operating The Bay, a major department store, Zellers, a mass merchandise format, Home Outfitters, a kitchen, bed and bath specialty store, and value-priced Fields stores. With more than 600 retail outlets and over 60,000 associates in Canada, Hbc provides Canadians with stylish, quality merchandise at great value, through retail banners focused on exceptional customer service.

About Hudson’s Bay Trading Company:

HBTC is a leading North American retailer with four divisions: Lord & Taylor, an upscale specialty retailer with 47 stores in nine states; Fortunoff, a 23 retail store chain specializing in fine jewelry and home furnishings in the New York tri-state area; Creative Design Studios, the fashion design and manufacturing division that creates branded collections for customers throughout North America and internationally, and the Hudson's Bay Company.

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For more information, please contact:

Victoria Zigelman

The Bay, Public Relations

416.216.7622

victoria.zigelman@hbc.com

Home Outfitters Opens New Store in Oshawa, Ontario

Home Outfitters Opens New Store in Oshawa, Ontario

- Grand opening event includes a special appearance by Cityline’s Lynn Spence

Oshawa, ON, Saturday October 25^th, 2008-Hudson's Bay Company (Hbc) opened its 62^nd Home Outfitters today in Oshawa, Ontario.The store, which is more than 28,000 square feet, is located at 991 Taunton Road East and features a huge selection of home products, including Gluckstein Home, Marie Claire, House & Home, Steven and Chris, Nautica, Cuisinart, KitchenAid, Calphalon, Simple Human, Nespresso, Dyson and more.

“Home Outfitters continues to be Canada’s first stop for the latest kitchen, bed and bath décor solutions, “ said Kerry Mader, Senior Vice President, Specialty, Hbc. “We are thrilled to have style guru Lynn Spence with us to celebrate this opening.”

Lynn Spence, a well-recognized TV personality from Cityline, made a special appearance and shared her holiday decorating ideas as well as some inspirational tips for entertaining for the holidays.

In celebration of the store’s grand opening, a donation of $5,000 was made to YWCA of Durham whose purpose is to provide opportunities for women, children and youth to improve their lives through safe, supportive housing, education, personal growth and development and volunteerism in a non-judgmental type of environment.

About Hudson’s Bay Company:

About Hudson’s Bay Trading Company:

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For more information please contact:

Victoria Zigelman

Hbc Public Relations

416.216.7622

Victoria.zigelman@hbc.com

Zellers Will Get You in the Mood for Freaky Friday

Zellers Will Get You in the Mood for Freaky Friday

With Halloween Landing on Friday Whole Families are Getting in on the Fun

TORONTO, October 16, 2008-Don’t let the 31^st creep up and frighten you this year. Whether you’re into trick or treating, partying or decorating, Zellers has all you need to get you in the Halloween spirit.

This year’s big screen hits Batman, Ironman and the Hulk have little boys dying to get their hands on superhero costumes.Hanna Montana and High School Musical are the celebrity favourites amongst girls. If your child chooses not to go for this year’s trends they can opt for traditional costumes. Princess costumes, starting at $19.99 never fail for little girls and Draculas and monsters are still perfect for boys.

Halloween is not just for kids anymore. More adults are dressing up and joining the spook fest and this year you can finally be that character you always dreamed of.Zellers has a wide selection of cool adult costumes that will have your kids begging you to trick or treat with them.

“For teens the goulier, the gruesomer, the better,” says Melanie Szban, Zellers Halloween Buyer.Teens can find fake blood, make up as well as other horrifying accessories to add the finishing touches to their creepy costumes.

While dressing up your family, don’t forget your house.You will have the most haunted house on the block by decorating your yard with black cats, spiders and bats.Make sure you add that eerie touch by picking up a fog machine from Zellers for $24.99.Heads Up Harry, an animated doll who talks and pulls off his head will defiantly have people screaming as they pass your house. Jack-o-lanterns are fun but lit candles can be dangerous around children, especially with costumes. The Haunted Halls battery operated pumpkin is a safe and convenient alternative.

Halloween fun comes with Halloween safety.Health Canada has these recommendations on their website: add reflective tape or strips to costumes and trick-or-treat bags for greater visibility.Teach children their home phone numbers and 9-1-1 before they go out trick or treating.To encourage children not to eat candy before it can be checked by a parent, have a competition their siblings and friends: the child with the most amount of candy at the end of the night wins.Flashlights are not only great ways to see in the dark but can add to the Halloween aura when used to create spooky shapes.Halloween is fun but can be hazardous; talking to your child about safety is the best way to prevent accidents.

About Hudson’s Bay Company:

About Hudson’s Bay Trading Company:

For more information:

Patricia Pytel

Public Relations

Hudson Bay Company

(416) 216-7375

Patricia.pytel@hbc.com

Hudson’s Bay Trading Company Announces Executive Reorganization

Hudson’s Bay Trading Company Announces Executive Reorganization

Brendan L. Hoffman named President & CEO, Lord & Taylor

_{_{September 26th—New York, NY—Richard Baker, CEO, Hudson’s Bay Trading Company L.P. (HBTC), announces today the appointment of Brendan L. Hoffman to President & CEO of Lord & Taylor LLC, (L&T) a subsidiary of HBTC, replacing Jane Elfers, whose contract had expired.}}

_{Mr. Hoffman’s appointment is effective October 6, 2008. Mr. Hoffman will report directly to Jeffrey Sherman, President & CEO of Hudson’s Bay Company, another subsidiary of HBTC. He joins L& T from Neiman Marcus Direct, where he served as President & CEO.}

_{Richard Baker said,“Jeff’s leadership is integral to creating a world class retail organization, and with Brendan heading up Lord & Taylor, Bonnie Brooks heading up The Bay, and Mark Foote heading up Zeller’s, we now have the team in place to do just that.”}

_{The executive reorganization enables the Hudson Bay Trading Company and its subsidiaries to generate sizeable economies of scale through improved purchasing, shared services, and more efficient utilization of information technology including internet retailing. In addition the subsidiaries will be able to benchmark and share best practices across the various organizations.}

_{Jeffrey Sherman said, “I’m delighted to welcome Brendan in his new role. Brendan is an extremely smart and talented merchant, and I expect him to capitalize on the foundation that already exists at Lord & Taylor to take the company to the next level.”}

_{Mr. Hoffman said, “Lord & Taylor is where I started my retail career and I am incredibly proud to return as its President and CEO. I’m excited to work for Jeff and this dynamic new retail conglomerate.”}

_{Mr. Hoffman began his retail career in the Executive Training Program at L&T.He left L&T in 1996 as Divisional Merchandise Manager, Men’s Furnishings. He also spent two years at Bergdorf Goodman as DMM, Men’s before joining Neiman Marcus as VP of their Last Call clearance division.Since 2002 he has been President & CEO of Neiman Marcus Direct.}

_{He received both his undergraduate and graduate degrees from the University of Pennsylvania, graduating from the Wharton School of Business with an M.B.A. in 1997. He will be relocating to New York from Dallas with his wife, Abby, and their two children.}

_{Jane Elfers has been President and CEO of Lord & Taylor for the past 9 years.}

_{As part of the executive reorganization Mark Weikel will also be departing L&T.Mark Weikel has been instrumental in partnering with Ms. Elfers in repositioning L&T as well as improving the level of service and operations in the business.}

_{“Jane Elfers & Mark Weikel have done a spectacular job in elevating the Lord & Taylor brand,” said Mr. Baker, “and in doing so have lead Lord & Taylor from one generation to the next. All of us at HBTC wish both Jane and Mark much luck in their future endeavors.”}

_HBTC_{is a leading North American retailer with four divisions:Lord & Taylor, an upscale specialty retailer with 47 stores in nine states; Fortunoff, a 23 retail store chain specializing in fine jewelry and home furnishings in the New York Tri-State area; Creative Design Studios, the fashion design and manufacturing division that creates branded collections for customers throughout North America and internationally, and the Hudson’s Bay Company.}

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_{Contact: Lori Rhodes, LWP,}_{(212) 252-8881}

Waterloo Becomes Home to Canada’s First Green Bay Store

Waterloo Becomes Home to Canada’s First Green Bay Store

- Beautiful new Bay store designed to appeal to community’s growing affluence -

Waterloo, ON, September 17, 2008 – The ongoing success and growing affluence of Waterloo has prompted The Bay, a division of the Hudson's Bay Company (Hbc) to launch a beautiful new 120,000 square foot Bay store at Conestoga Mall. The new store, which is the first green Bay location in Canada, will open to the public on September 19^th, 2008.

“Waterloo has become home to some of Canada’s leading entrepreneurs and most successful companies,” said Bonnie Brooks, President and CEO, The Bay.“Our new store provides people in Waterloo with an exciting shopping experience, as well as appealing to the community’s environmentally progressive nature through unique green initiatives like solar panels, wind turbines, energy efficient lighting and even recyclable carpet.”

Among the store’s many green innovations are:

Special energy efficient lighting inside and out – LED exterior signage lights, which uses 10 percent of the energy required for conventional lighting; Fluorescent lighting uses energy efficient T8 and T5 ballast which save energy and reduce cooling loads while providing same lighting quality within the store.

High efficiency roof top units use ozone friendly R410A refrigerant.

Accent lighting uses highly efficient Metal Halide light fixtures.

Solar panels mounted on the front of the store enabling the store to draw less power from the local grid.

Two wind turbines, which will generate enough electricity to offset the power consumption of an average home.

White TPO roofing to reflect heat and reduce thermal islanding; the cooler roof reduces the need for air conditioning and is recyclable at end of life.

Waterless urinals and touchless water faucets and toilets for water conservation.

Carpet tile is recyclable.

Fully automated energy management system controlled by Hbc head office, which allows the Company to reduce energy consumption.

Peter Love, Ontario’s Chief Energy Conservation Officer, has already recognized Hbc’s commitment to creating a culture of conservation Ontario, and has awarded his prestigious Certificate of Recognition for their efforts.“There is no doubt that energy conservation benefits us environmentally and economically”, he said.“Hbc has shown that saving electricity can also go hand in hand with high style, with no compromise in comfort or design.”

In addition to the many green features of the store, the new WaterlooBay is a Company prototype with innovative design and some of the best materials available.Architecturally, it will be very distinctive with frosted glass accents and chrome finishing throughout.

Recently re-built from the ground up, this Bay store can now meet the demands of the Waterloo shoppers through a range of services and special features such as family size fitting rooms and facial rooms for cosmetic services. Many new brands will also be launched for the first time in Waterloo including cosmetic lines MAC and Chanel. The Bay is also pleased to introduce updated clothing lines such as Esprit, Mexx and Kenzie as well as new jewelry and watches such as Puma. The new collection in the store will be geared towards lines for her, for him, and for family as well as soft lines for home.

“We designed this Bay store to give people in the area a premium shopping experience, rather than seeing them drive to Toronto,” said Tom Bowman, Regional Sales Manager, The Bay. ”We have worked very hard to understand our customer’s needs, and we believe the people of Waterloo will be very pleased with the end result. “

About Hudson’s Bay Company:

About Hudson’s Bay Trading Company:

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For more information please contact:

Maggie Waymark

Harbinger

(416) 960-5100

What’s Old is New

What’s Old is New

Zellers Introduces Eco-friendly supplies for Back to School

TORONTO, August 25, 2008-Back to school has been revamped this year with the launch of eco-friendly school supplies from Zellers for earth conscious kids who want to save the planet. “What’s old is truly new at Zellers,” says Salwa Steitieh, Zellers’ stationary buyer. “By using post-consumer waste to create fun new products for back to school, Zellers is continuing to be eco-friendly and is providing kids with the means to be socially conscious.”

The eco-friendly line of school supplies consist of a variety of products from pens to water bottles. The products include recycled paper that is 100% recycled with 40% post consumer waste. The subject notebooks for grades 1 and 3 have moisture resistant Press Guard recycled covers, perforated sheets that are 50% recycled and are only 30% post consumer waste plus their funky new designs make them both eco-friendly and trendy. Retractable pens available in blue, red, and black contain 81% post-consumer content including cassette tape reels, car headlights, cd’s, and car battery cases.

Finally, little eco warriors can carry their entire new eco-friendly school supply collection home in an eco-tote. The totes are made from 51% Polyethylene Terephtalate (PET) material and come in a variety of stylish multicolored patterns. Kids are able to look cool, and be eco-friendly.

This initiative is an important part of the Hbc's broader sustainability program called Global Mind. Hbc is committed to ensuring its stores and operations are energy efficient and environmentally friendly through programs such as:

Zero waste - Hbc's corporate head office located in downtown Toronto is the first office tower in Canada to achieve the 'zero waste' designation; two other home office locations are also now zero waste and a further 40 stores will be converted in 2008.

In November 2007, Zellers opened its greenest store yet: the 120, 000 square foot store in Waterdown, Ontario has wind turbines and solar panels, a white roof to reflect heat and other water and energy conservation features. Zellers will introduce wind turbines and green energy in as many as five new stores in 2008.

Enwave deep cooling - In 2005, Hbc was the first retailer to embrace green energy. By converting its one-million-square-foot QueenStreetBay to green energy for air conditioning, the new system uses 90 per cent less electricity than conventional chillers.

About Hudson’s Bay Company:

About Hudson’s Bay Trading Company:

For more information:

Patricia Pytel

Public Relations

Hudson Bay Company

(416) 216-7375

Patricia.pytel@hbc.com

Sales of Canadian Olympic Replica Gear Double Since Start of Games

Sales of Canadian Olympic Replica Gear Double Since Start of Games

Toronto, ON, August 19, 2008 – Canadians are showing their support for Team Canada athletes in Beijing by purchasing Olympic replica wear.Hudson’s Bay Company (Hbc) today announced that sales of its Olympic merchandise have doubled since the start of the Beijing 2008 Games on August 8.

“We typically see sales of Olympic product take off once the Games begin,” said Donna Dimitropoulos, Merchandise Vice President, Hbc Olympics.“It’s hard not to get caught up in the excitement of the Games, and the easiest way for most of us to express our pride in our athletes, is to wear the Team Canada Olympic gear.”

In Canada, the top selling items include a variety of t-shirts: a short sleeve Canada t-shirt available in five colours, the Chinese script t-shirt, the Banner t-shirt with a Chinese tattoo-inspired print, and the Elements t-shirt. Rounding out the best sellers include the popover fleece ‘Canada’ hoody, the multifunctional B-Tube and the stylish tapestry hoody.

Hbc’s Olympic design team worked with Canadian Olympic athletes from across the country to design the collection. The collection meets fashion and functional needs with clothing that incorporates performance fabrics that provide UV protection, four way stretch, odor resistance, and wicking and cooling properties for ultimate comfort in Beijing’s climate. The clothing is also eco-friendly, using materials such as bamboo, cotton blends, cacona and organic cotton.

"I love the new uniforms, not only because we stand out from any other country but because they are very different from other Canadian uniforms we have had before,” said weightlifter Marilou Dozois-Provost. “I found them very comfortable, breathable, practical and environmentally friendly. I love how we look stylish in them."

Canada’s Olympic team members in Beijing each received 25 items, as part of the 2008 team package, including leisure wear, jackets, pants and shorts, hoodies, t-shirts, shoes and luggage. Most of the pieces will be available for sale as replica wear both in Bay and Zellers stores, online at www.hbc.com, and at Canada House and the BC Pavilion during the Beijing 2008 Games.

About Hudson’s Bay Company:

Hbc is a division of Hudson's Bay Trading Company and Canada's largest diversified general merchandise retailer, operating The Bay -- a major department store, Zellers -- a mass merchandise format, Home Outfitters -- a kitchen, bed and bath specialty store, and value-priced Fields stores. With more than 580 retail outlets and nearly 60,000 associates in Canada, Hbc provides Canadians with stylish, quality merchandise at great value, through retail banners focused on exceptional customer service.

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For more information:

Patricia Pytel
Hbc Public Relations
Phone: 416-216-7375
Email: patricia.pytel@hbc.com

Canadian Athletes Unveil Official Parade Uniforms at

Canadian Athletes Unveil Official Parade Uniforms at

Internet Buzz Judges Canadian Uniforms ‘Best Dressed’

Toronto, Friday, August 8, 2008 – Canadian Olympians unveiled their official parade uniforms in the Parade of Nations at today’s Opening Ceremony in Beijing. The uniforms consist of a super lightweight athletic windbreaker featuring a Canada fusion print, coupled with an a-line skirt for women and club trouser for men.

“Hbc has a long history of supporting the Canadian Olympic Movement and athletes,” says Jeffrey Sherman, Hbc President and CEO. “We are proud to dress them for their debut at the Games and to financially support them in getting there.”

The pieces use a state-of-the-art "Sublimation" printing technique, a gradation of Maple Leafs layered over a graphic 8 all over pattern. Each windbreaker has a large Maple Leaf printed on the back body and “CANADA” bamboo-inspired script stacked vertically on the front as homage to Chinese calligraphy.

“Our athletes were thrilled with their uniforms during Outfitting this week and have received overwhelmingly positive feedback from other athletes in the Olympic village,” says Tu Ly, Hbc Olympic Apparel designer. “The Canadian team uniforms have already been rated as best-dressed by Internet bloggers in the days leading up to the Games.”

The designs for parade wear and the clothing designed for the medal podium are athlete-only pieces not available for sale to the public. The latest Olympic collection is a highly-styled fusion of Canadian and Chinese symbolism.“Canada” is proudly written in both English and Chinese and the Maple Leaf is used on select items. The primary colours for the collection are hometown red and white.

Hbc’s Olympic design team worked with high-performance athletes from across Canada to design the collection. The collection meets fashion and functional needs with clothing that incorporates performance fabrics that provide UV protection, four-way stretch, odour resistance, and wicking and cooling properties for ultimate comfort in Beijing’s expected hot conditions. The clothing is also eco-friendly, using materials such as bamboo, cotton blends, cacona and organic cotton.

Canada’s Olympic team members in Beijing each received 25 items as part of the 2008 package, including leisure wear, jackets, pants and shorts, hoodies, T-shirts, shoes and luggage. Most of the pieces will be available for sale as replica wear both in Bay and Zellers stores, online at www.hbc.com, and at Canada House and the BC Pavilion during the 2008 Olympic Games.

About Hudson’s Bay Company:

Hbc is a division of Hudson's Bay Trading Company and Canada's largest diversified general merchandise retailer, operating The Bay, a major department store, Zellers, a mass merchandise format, Home Outfitters, a kitchen, bed and bath specialty store, and value-priced Fields stores. With more than 580 retail outlets and nearly 60,000 associates in Canada, Hbc provides Canadians with stylish, quality merchandise at great value, through retail banners focused on exceptional customer service.

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For more information:

Patricia Pytel
Hbc Public Relations
Phone: 416-216-7375
Mobile: 416-993-0533
Email: patricia.pytel@hbc.com

Hbc Appoints Bonnie Brooks to President and CEO of the Bay

Hbc Appoints Bonnie Brooks to President and CEO of the Bay

Toronto – August 5, 2008: Hudson's Bay Company (Hbc) President and CEO Jeffrey Sherman today announced the appointment of Canadian Bonnie Brooks as President and CEO of the Bay, the country’s oldest department store.Brooks brings extensive prestige brand and department store experience to her new role leading the 94-store Bay chain.

“Bonnie has spent more than 25 years building prestige retail formats around the world, like Holt Renfrew, Lane Crawford, Harvey Nichols, and leading designer brand stand-alone stores in Asia,” said Sherman. “Her retail acumen will assist her as she elevates the Bay to a new position within the Canadian retail landscape; one in which the Bay will be a premiere department store experience with better brands and service.”

Brooks, who will start in early September, was most recently President of the Lane Crawford Joyce Group based in Hong Kong.In this role, she oversaw all aspects of the Company which represents many of the world’s leading brands in over 500 locations in nine Asian countries; including the 158 year old Lane Crawford department stores, Joyce Boutiques, Pedder Group, and the LCJG Distribution Company, and more specifically, the expansion of these formats in Greater China and South East Asia.

In Canada, Ms. Brooks is best known for her roles at Holt Renfrew where she was Executive Vice President/General Merchandise Manager and Senior Vice President of Marketing.In these executive positions, she had complete responsibility for strategic planning, all marketing functions, all merchandise buying, designer brand acquisition, and more.She has also served as Editor-in-Chief of FLARE, Canada’s largest fashion and lifestyle magazine.

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“The role to transform the Bay from its existing format to world class was too compelling to pass up..,” said Brooks.“Building exceptional retail destinations is not only my profession, it’s my passion. I look forward to working with Jeff and the leadership teams at the Bay and Hbc to acquire new prestige brands, many of whom I have had strong partnerships with for several years.This is an exciting time for the Bay and for me personally. It is a privilege and an honor to have an opportunity to grow this unique and culturally rich company with a new energy over the next few years.”

About Hudson’s Bay Company:

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For more information:

In Canada

Hillary Marshall

Hbc

O: (416) 861-6315

C: (416) 705-7302

Hillary.marshall@hbc.com

In United States:

Elyssa Dimont

Lividini, Weisenfeld Partners

(212) 252-8881

edimant@lwpco.com

Hbc Names Canadian Retail Veteran Mark Foote President & CEO of Zellers

Hbc Names Canadian Retail Veteran Mark Foote President & CEO of Zellers

Toronto – July 30, 2008: Jeffrey Sherman, Chief Executive Officer of Hudson’s Bay Company (Hbc), today announced the appointment of Canadian retail veteran Mark Foote as President and Chief Executive Officer of Zellers.In this role, Foote will bring his successful track record of building retail brands to every aspect of Zellers.

Foote, who will start in mid-August, was most recently President and Chief Merchandising Officer at Loblaw Companies.He oversaw procurement and merchandising functions for all lines of business, marketing, supply chain and information technology.

Foote is best known for his extensive career with Canadian Tire Corporation where he worked for more than 20 years, including five years as President, Canadian Tire Retail.During that time, he helped to build the Company’s brand recognition including the development and implementation of new store formats across Canada.Additionally, he led a major restructuring of the Company’s supply chain capabilities which improved merchandise in-stock and service levels across the chain.Mark’s leadership contributed to a significant improvement in same store sales and retail profitability.

“Mark’s DNA is coded with tremendous Canadian retail experience,” said Jeffrey Sherman, CEO, Hbc.“He is a seasoned merchant who has helped to grow some of Canada’s most beloved retail formats.Mark has first-hand experience working in almost every role within a large-scale retail organization.That depth of knowledge will be an asset to Hbc as we move forward with our plan to drive top line growth at Zellers and re-energize the brand.”

“I am thrilled to be joining Jeff, the leadership team and Zellers on this tremendous opportunity to reposition Zellers in the Canadian marketplace.Our focus will be on branded apparel, improved service along with the roll out of our new prototype stores” stated Foote.

About Hudson’s Bay Company:

Hbc is Canada's largest diversified general merchandise retailer, operating The Bay -- a major department store, Zellers -- a mass merchandise format, Home Outfitters -- a kitchen, bed and bath specialty store, and value-priced Fields stores. With more than 580 retail outlets and nearly 60,000 associates in Canada, Hbc provides Canadians with stylish, quality merchandise at great value, through retail banners focused on exceptional customer service.

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HUDSON’S BAY COMPANY WILL APPOINT RETAIL VETERAN JEFFREY SHERMAN TO LEAD HUDSON’S BAY COMPANY

HUDSON’S BAY COMPANY WILL APPOINT RETAIL VETERAN JEFFREY SHERMAN TO LEAD HUDSON’S BAY COMPANY

Retail experience at leading retailing icons Polo Ralph Lauren, The Limited and Bloomingdales/Federated Department Stores

Toronto, CANADA and New York, USA -- July 17, 2008: Richard Baker, Governor of Hudson’s Bay Company, announced today that Jeffrey Sherman will be appointed Chief Executive Officer of Hudson’s Bay Company.

Sherman joins Hbc from the Polo Ralph Lauren Corporation, where he held the position of President and Chief Operating Officer, Polo Retail Group. At Polo Retail Group Sherman was responsible for overseeing operations of the company’s global owned retail stores in the U.S., Europe and Asia, the global Polo outlet division, Rugby, Club Monaco and ralphlauren.com.

Previous experience also includes Chief Executive Officer of The Limited stores, the 360+ store heritage division of Limited Brands Inc. and President, Chief Operating Officer of Bloomingdales, Federated Department Stores. At Federated, Sherman had a 30-year career rising through the ranks to the Chief Executive Officer and Chairman, Federated Direct when he left to join The Limited.

“I am delighted to have someone with Jeff’s caliber lead our team at Hbc,” said Richard Baker, Governor of Hudson’s Bay Company. “His experience at Polo, Bloomingdales/Federated and The Limited is unparalleled in the industry and he will bring a wealth of retailing expertise to the Canadian retail marketplace.”

Sherman will be responsible for all of the Hbc banners in Canada: The Bay, Zellers, Home Outfitters and Fields.

“I am excited about the opportunity to work with Hbc's strong management team and grow the Hbc operations in Canada,” said Sherman. “The Hbc brand is a great Canadian icon and I am truly honoured to be leading this company.”

About Hudson’s Bay Company:

NRDC EQUITY PARTNERS ANNOUNCES THE ACQUISITION OF HUDSON’S BAY COMPANY

NRDC EQUITY PARTNERS ANNOUNCES THE ACQUISITION OF HUDSON’S BAY COMPANY

Combines Hudson’s Bay Company, Lord & Taylor, Fortunoff and Creative Design Studios under The Hudson’s Bay Trading Company

Toronto, CANADA and NewYork, USA -- July 16, 2008: NRDC Equity Partners and True North Retail Investments, an affiliate of The InterTech Group, Inc. and the owner of Hudson’s Bay Company (Hbc), announced today the completion of a transaction in which NRDC Equity Partners acquired Hbc and consolidated its ownership of Lord & Taylor, Fortunoff, and Creative Design Studios (CDS) under a holding company called the Hudson’s Bay Trading Company (HBTC). Combined, these companies comprise more than US$8 billion in retail sales, 75,000 employees, and 55 million square feet of stores in the United States and Canada. Hudson’s Bay Company, established in 1670, is North America’s oldest continually operating company.

NRDC Equity Partners is investing US$500 million in new equity into the combined company. Richard Baker will serve as CEO of the Hudson’s Bay Trading Company and will become the 38th Governor of the Hudson’s Bay Company. NRDC has been a minority owner in Hbc in partnership with the Zucker Family and Baker has been a member of the board since 2006.

Richard Baker said, “By acquiring Hudson’s Bay Company along with previous acquisitions Lord & Taylor and Fortunoff, we will have an unprecedented opportunity to recreate the retail landscape in North America. Enormous potential exists by upgrading the offerings at both The Bay and Zellers and by bringing Lord & Taylor, Fortunoff & CDS into the mix,” he added.

The strategy of the combined company is to create a greater focus on The Bay department store business in Canada with an emphasis on the customer by offering better brands and better service. In addition this acquisition will allow Canadian consumers to benefit from the following opportunities:

Lord & Taylor, an upscale specialty retailer in the U.S., will be in a position to launch 10 – 15 stores throughout Canada. Currently there is a gap in the Canadian retail landscape between The Bay department stores and Holt Renfrew. Lord & Taylor stores will be ideally positioned to fill this consumer demand and will be located in prime locations through existing Hbc real estate properties or within existing flagship Bay stores.

Zellers will see greater focus on branded apparel, improved customer service and a future roll out of new 125,000 square foot prototype stores.

Fortunoff, a specialty jewelry and home furnishings store, will be in a position to introduce Fortunoff Jewelry Stores and Fortunoff Home Departments both within The Bay department stores as well as free-standing retail operations.

Creative Design Studios, the design and manufacturing division, will expand its offerings and sell its branded collections throughout North America and internationally. CDS brands include Peter Som's eponymous collection as well as the Kate Hill and Context brands for women, and the Black Brown 1826 men's brand.

Fields, will continue to focus on delivering value-priced merchandise to Canadian consumers.

Home Outfitters, Canada’s fast growing home specialty store, will continue to offer customers unbeatable selection of brands and service in kitchen, bath and bed home furnishings.

Robert Johnston, President and CEO of Hbc and Executive Vice President and Chief Strategy Officer, The InterTech Group stated, “This transaction is a true win for all parties involved. The InterTech Group receives an excellent return on its investment, NRDC acquires an outstanding retailer with tremendous potential and the ability to leverage its brands and other properties into Canada, and Hbc employees will have the opportunity to build a dynamic new company.”

NRDC Equity Partners was founded by Bill Mack, Lee Neibart, and Robert and Richard Baker.

Robert Baker said, “The combined companies own a portfolio of trophy real estate assets that create spectacular opportunity for development around the existing retail operation.”

NRDC Equity Partners also announced the following executive appointments: Francis Casale will serve as Chief Financial Officer of HBTC; Donald Watros will serve as Chief Administration Officer of HBTC; and Brian Pall will serve as President of the HBTC Property Company.

NRDC Equity Partners was represented by Paul, Weiss, Rifkind, Wharton and Garrison, LLP as US legal counsel and Stikeman Elliott, LLP for Canadian counsel. Financo was the advisor for capital markets.

About Hudson’s Bay Company:

Hbc is Canada's largest diversified general merchandise retailer, operating in

department store (the Bay), mass merchandise (Zellers), specialty (Home Outfitters) and discount (Fields) formats. With a strong Canadian-based management team, more than 580 retail outlets and nearly 60,000 associates across Canada, Hbc provides Canadians with stylish, quality merchandise at great value, through retail banners focused on exceptional customer service.

About Lord & Taylor:

Lord & Taylor is an upscale specialty department store with 47 stores in 9 states and the District of Columbia. Lord & Taylor has built a reputation for attentive customer service and high quality merchandise focused on apparel and accessories for women, men, and children. Founded in 1826, Lord & Taylor is one of America’s oldest retailers with a legendary Fifth Avenue flagship. Jane Elfers serves as CEO of Lord & Taylor.

About Fortunoff:

Founded in 1922, Fortunoff currently has 23 retail stores specializing in fine jewelry and home furnishings in the New York tri-state area, as well as the Fortunoff.com website, which offers over 25,000 items to choose from. Its unparalleled selection and remarkable prices have established Fortunoff as a trusted name in the retail industry. Charles Chinni serves as CEO of Fortunoff.

About Creative Design Studios:

Creative Design Studios was formed in October of 2007 as a stand-alone company with a mission to develop and manufacture designer-driven brands for regional department stores and to invest in great American design talent. CDS is the parent company of Peter Som, and brands including Kate Hill, Context, and Black Brown 1826. Susan Davidson serves as CEO of Creative Design Studios.

Hbc Contributes over $700K to the Canadian Breast Cancer Foundation

Hbc Contributes over $700K to the Canadian Breast Cancer Foundation

Toronto, ON: Monday June 23, 2008- Today Hudson’s Bay Company

(Hbc) presented a cheque for $700,000 to the Canadian Breast

Cancer Foundation from funds raised by last year’s Think Pink™

Campaign. The annual Think Pink™ campaign raises funds during

the month of October through the sale of various products in each

of the Bay, Zellers and Home Outfitters locations.

“We are very proud of the Think Pink campaign’s ongoing success, and the company’s

contributions to the Canadian Breast Cancer Foundation,” said Diane Gordon, Director

of Community Investment for Hbc. “We look forward to continuing our partnership with

the Foundation and the Think Pink™ campaign.”

This year Hbc is offering exclusive pink merchandise through its Bay, Zellers, and Home

Outfitters stores throughout Canada; net proceeds will go directly to support the

Canadian Brest Cancer Foundation. Hbc has engaged its vendors and developed their

own marquee items including the Think Pink™ Signature Throw available at the Bay,

and the Think Pink™ Apron from Home Outfitters.

“We are so thankful to Hbc for their continued support of the Foundation and the Think

Pink™ Campaign”, said Colleen Fleming, CEO, Central Office of the Canadian Breast

Cancer Foundation. “Companies like Hbc enable the Foundation to further its hopeful

mission of creating a future without breast cancer by supporting innovative and relevant

breast cancer research.Currently the Foundation is taking a leadership role in the

exciting area of primary prevention research, working to understand the causes of breast

cancer and how we can prevent or reduce the risk of developing breast cancer.Hbc

continues to be a true champion of the cause. “

The goal of the Think Pink™ program is to one day live in a world without breast cancer.

The funds raised work towards this goal by supporting breast cancer research, and

breast health education and awareness programs across the country. Think Pink™ and

the Canadian Breast Cancer Foundation believe in being breast aware and proactive in

our health. For more information, please visit www.cbcf.org.

The Hbc Foundation invests more than $10 million annually in communities across the

nation to improve the lives of Canadians and the future of the country. Managed by

Hudson's Bay Company's Community Investment team, the Hbc Foundation supports

committed partners that are delivering programs in the following areas: building healthy

families, creating strong communities and inspiring young Canadians.

Hbc is Canada's largest diversified general merchandise retailer, operating in

department store (the Bay), mass merchandise (Zellers), specialty (Home Outfitters and

Designer Depot) and discount (Fields) formats. With more than 580 retail outlets and

nearly 70,000 associates located in every province in Canada, Hbc provides Canadians

with stylish, quality merchandise at great value, through retail banners focused on

exceptional customer service. Hbc is a Canadian retail leader in corporate social

responsibility, and the fifth annual Hbc CSR report can be found at www.hbc.com.

Established in 1986, the Canadian Breast Cancer Foundation is the leading national

volunteer-based organization in Canada dedicated to creating a future without breast

cancer.Addressing the needs of Canadians from coast to coast, the Foundation has

Regional offices in British Columbia/Yukon Territory, Prairies/NWT, Ontario andAtlantic

Canada.To learn more visit www.cbcf.org.

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Hbc’s Fields Stores Grow to Nearly 200 by End of 2008: Additional Real Estate and Associates Required to Fuel Growth

Hbc’s Fields Stores Grow to Nearly 200 by End of 2008: Additional Real Estate and Associates Required to Fuel Growth

Hbc’s Greenest Zellers Receives Retail Council of Canada’s Retail Store Design Award

Hbc’s Greenest Zellers Receives Retail Council of Canada’s Retail Store Design Award

TORONTO, June 3, 2008 –Hbc’s new green Zellers store in Waterdown, Ontario received the Retail Council of Canada’s award for best retail store design during the annual Excellence in Retailing awards held in Toronto on Monday, June 2, 2008.

The Retail Store Design award is awarded to a company with a store that demonstrates an innovative, original and visually enticing layout and design. The store design should incorporate brand, strategic traffic flow, consumer demographics matched with needs, and more, into the layout. The store should also show optimum shopping experience has been achieved through the store design.

“One of Hbc’s core values is to reduce our footprint on the environment, and we’ve implemented these values at our new store in Waterdown,” said Nick Padovano, Senior Vice President of Stores and Operations, Hbc. “Not only is this store a showcase for our green initiatives, it also features our new prototype cosmetics, pharmacy, and grocery departments.”

Zellers, Waterdown opened on December 1st 2007, featuring a variety of progressive elements such as windmills, solar panels, energy recovery ventilators, and many more that significantly minimizes the store’s impact on the environment. The Waterdown location also benefits from eco-friendly initiatives, custom designed, color specific signage and photography aimed at making store navigation and searching for leading brands a more intuitive customer experience. The store features an updated, rustic take on the classic Zellers dinner, a neighbourhood market location with grocery items, and a new display concept that showcases jewelry and accessories together in an easy to browse format.

The RCC is a not-for profit, industry funded association that represents the retail industry throughout Canada. The RCC believes strongly in retailing in Canada and in doing so works with the Canadian government and many others to support and enhance the retailing industry throughout Canada. The RCC’s Excellence in Retailing Awards offer retail companies an opportunity to present their best work. These awards recognize the excellence of retailers in the industry while fostering a greater appreciation for the industry experts that help them along the way.

Hbc is Canada's largest diversified general merchandise retailer, operating in department store (the Bay); mass merchandise (Zellers), specialty (Home Outfitters) and discount (Fields) formats. With more than 600 retail locations and nearly 70,000 associates located in every province in Canada, Hbc provides Canadians with stylish, quality merchandise at great value, through retail banners focused on exceptional customer service. Hbc is a Canadian retail leader in corporate social responsibility, and the fifth annual Hbc CSR report can be found at www.hbc.com.

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Home Outfitters Opens New Store in Oakville, Ontario

Home Outfitters Opens New Store in Oakville, Ontario

- Grand opening event includes special appearances by House & Home’s

Oakville, ON, May 31st, 2008- Hudson's Bay Company (Hbc) opened its 61st Home Outfitters today in Oakville, Ontario.The store, which is more than 34,000 square feet, is located at 3465 Wyecroft Road and features a huge selection of home products, including Gluckstein Home, House & Home, Steven and Chris, Nautica, Cuisinart, KitchenAid, Calphalon, Simple Human, Nespresso, Dyson and more.

“Home Outfitters continues to be Canada’s first stop for the latest kitchen, bed and bath décor solutions, “ said Kerry Mader, Senior Vice President, Specialty, Hbc. “We are thrilled to have Lynda Reeves showcasing the latest styles for living, as well as style guru Lynn Spence with us to celebrate this opening.”

Design maven Lynda Reeves made a special in store appearance showcasing her newest product from the House & Home: Style for Living collection. Lynda was on hand to share her decorating tips and the latest style news.

Lynn Spence, a well-recognized TV personality from Cityline, also made a special appearance and shared her latest ideas for outdoor living solutions, summer dinner parties and table dressings.

In celebration of the store’s grand opening, a donation of $5,000 was made to the Halton Trauma Centre in Oakville. This agency was established in 1983 and provides clinical assessment and treatment services to children, adolescents and families affected by child abuse.

Hbc Offers Assistance to Eastern Canadians Dealing with Extreme Weather with $20,000 Donation to the Canadian Red Cross

Hbc Offers Assistance to Eastern Canadians Dealing with Extreme Weather with $20,000 Donation to the Canadian Red Cross

TORONTO, May 5th, 2008- Hudson’s Bay Company (Hbc) is donating $20,000 to the Canadian Red Cross to support relief and recovery efforts for the extreme flooding in New Brunswick. The Red Cross has launched an appeal to help people cope with the serious flooding along the St. John River.

Since late April, many Canadians in New Brunswick have been harshly affected by relentless flooding from the St. John River., Red Cross has helped provide essential services to those in need. Red Cross will continue to assist to 600 registered residents, as well as the 1,300 residents who live in the affected area.

“Like many Canadians, we at Hbc are overwhelmed by the devastation and realize the need for relief across communities affected in New Brunswick,” said Diane Gordon, Director, Hbc Community Investment. “This donation is a part of Hbc’s long and proud tradition of helping the Canadian Red Cross’ relief efforts and support to communities in need”.

More than 30 Red Cross personnel from all four Atlantic Provinces, along with vehicles and equipment, are already on duty in the Fredericton area. Additional teams are on standby to ramp up as needed. The funds raised will help the Red Cross to continually work with New Brunswick’s Emergency Measures Organization and Department of Social Development to assist flood evacuees.

"Hbc and Canadian Red Cross have a wonderful relationship; we know we can count on Hbc to help Canadians in times of need," said John Byrne, general manager for the Red Cross in Atlantic Canada. "On behalf of all those affected by the flooding who will receive our help because of this donation, I send my sincere thanks to Hbc for their swift and generous response."

Hbc is Canada's largest diversified general merchandise retailer, operating in department store (the Bay), mass merchandise (Zellers), specialty (Home Outfitters) and discount (Fields) formats. With more than 600 retail outlets and nearly 70,000 associates located in every province in Canada, Hbc provides Canadians with stylish, quality merchandise at great value, through retail banners focused on exceptional customer service. Hbc is a Canadian retail leader in corporate social responsibility, and the fourth annual Hbc CSR report can be found at www.hbc.com.

About the Canadian Red Cross:

The Canadian Red Cross is a member of the International Red Cross and Red Crescent Movement, which includes the International Federation of Red Cross and Red Crescent Societies, the International Committee of the Red Cross and 186 national Red Cross and Red Crescent Societies. Our mission is to improve the lives of vulnerable people by mobilizing the power of humanity in Canada and around the world.

Hbc Purchases Eco-Friendly, Canadian products

Hbc Purchases Eco-Friendly, Canadian products

The Global Group and Harkel Office Furniture will supply furniture

Toronto - May 2, 2008 - Hudson’s Bay Company (Hbc) today announced it has entered into a three year partnership with Canadian companies The Global Group and Harkel Office Furniture to furnish its newly redesigned head office in Brampton, Ontario, with eco-friendly products.

Hbc and The Global Group are Canada’s largest companies in their respective fields. Harkel Office Furniture has a 28 year history of providing superior service in this country. This partnership is one of the largest of its kind in the Canadian market place. This announcement helps mark Hbc’s 338^th anniversary.

“Hbc, The Global Group and Harkel Office share a mutual Canadian heritage, a long history of serving Canadians and a deep commitment to environmental responsibility,” said Robert Johnston, President and CEO, Hbc. “It is fitting that we partner with like-minded Canadian companies to undertake this project—a renovation that comes just in time for Hbc’s 338^th anniversary celebration.”

Through this partnership, The Global Group will manufacture eco-friendly furnishing for approximately 1200 new work units in Hbc’s Brampton office. Harkel Office Furniture will distribute and service the office furnishings. Harkel is expected to have all the furnishings installed at the Brampton office by the Winter 2009. The newly designed office will house Hbc’s buyers and retail operations personnel.

The primary products to be provided are manufactured out of recycled aluminum. These products will not get dumped in the landfill at the end of their lifespan. They are designed to be easily recycled to create new aluminum products.

“At The Global Group, we are constantly looking for new ways to reduce our environmental impact,” said Saul Feldberg, founder and Chairman of The Global Group. “Environmental responsibility is something we demand of ourselves and our suppliers. We are thrilled to be working with Hbc, a retail leader in Canada in environmental responsibility.”

“Harkel greatly appreciates the opportunity to partner with two great Canadian firms that believe strongly in environmental sustainability and the Canadian economy,” said Howard Klerer, Vice President of Sales at Harkel Office Furniture.

The partnership signifies Hbc’s ongoing commitment to social responsibility embodied in its Global Mind brand, which promotes social and environmental sustainability in its policies, processes and products.

“Partnering with The Global Group is another way that Hbc is making good on its determination to foster and enhance sustainable business practices throughout our organizations and in the Canadian marketplace,” said Johnston.

Hbc is Canada's largest diversified general merchandise retailer, operating in department store (the Bay), mass merchandise (Zellers), specialty (Home Outfitters and Designer Depot) and discount (Fields) formats. With more than 600 retail outlets and nearly 70,000 associates located in every province in Canada, Hbc provides Canadians with stylish, quality merchandise at great value, through retail banners focused on exceptional customer service. Hbc is a Canadian retail leader in corporate social responsibility, and the fourth annual Hbc CSR report can be found at www.hbc.com.

The Global Group's origins date back to 1966, when it was founded with the basic objective of manufacturing well-made office furniture at affordable prices. That mission continues today through a network of vertically integrated suppliers, manufacturers, marketers and distributors. Global offers a very broad range of office products and services designed to meet the needs of today's changing workplace. Our diverse workforce is made up of employees who come from many countries, and who take pride in making quality products that are sold throughout the world. For more information on Global Group’s Environmental Values, please visit http://www.globaltotaloffice.com

Providing seamless office solutions since 1979, Harkel offers best of brand office products and workspace design support that helps you visualize your office furniture investment. Harkel understands office spaces and its functions. By analyzing work patterns, ergonomic elements, the integration of technology and business culture, Harkel’s professionals deliver innovative office systems to help manage today’s evolving business environment. For more information, please visit www.harkeloffice.com

Hbc Kicks Off Countdown to Beijing 2008 Olympic Games with Launch of Bold Team Canada Gear and $600,000 Donation to Athletes

Hbc Kicks Off Countdown to Beijing 2008 Olympic Games with Launch of Bold Team Canada Gear and $600,000 Donation to Athletes

- Canada’s first Eco-friendly athlete uniforms made with materials such as bamboo and organic cotton –

Toronto, ON, April 30, 2008 – Hudson’s Bay Company today unveiled the highly anticipated clothing collection that Canadian athletes will wear at the Beijing 2008 Olympic Games. The collection is eco-friendly and was designed with athletes’ input to ensure the Canadian team has ideal clothing to excel in Beijing’s hot summer temperatures. The replica wear is being launched in Bay and Zellers stores across Canada, as well as online at www.hbc.com.

The Company also announced donations of $300,000 to the Own the Podium 2010 initiative to benefit Canada’s winter sports system, and $300,000 to the Road to Excellence program to benefit Canada’s summer sport system. Both are part of the Canadian Olympic Foundation’s action plan to create world-class programs, policies and financing that will help to place Canada amongst the top nations at future Olympic and Paralympic Games.

“Hbc has a proud history of supporting Canadian athletes as they train and compete at the Olympic and Paralympic Games,” said Rob Johnston, President, Hbc. “It is with great pleasure that we once again show our pride by outfitting the Canadian Olympic team, as well as providing financial support, in their quest for gold at the Beijing 2008 Olympic Games.”

“The Canadian team is well known for its Olympic clothing and we are confident that the stylish and functional uniforms that Hbc has created for the team in Beijing will be worn with pride by athletes and sought after by the public,” said Chris Rudge, CEO of the Canadian Olympic Committee.“I also want to recognize Hbc’s generous donation to the Own the Podium 2010 and Road to Excellence programs as well as their ongoing support of Canadian athletes.”

The latest Olympic collection is a highly-styled fusion of Canadian and Chinese symbolism.‘Canada’ is proudly written in both English and Chinese and the maple leaf is used on select items. The primary colours for the collection are red and white, with further colour inspiration coming from the five elements of Chinese astrology: Earth, Wood, Fire, Water and Metal. Chinese symbolism is used in the form of the lucky number eight, both as a numeral and an octagon.

Hbc’s Olympic design team worked with Canadian Olympic athletes from across the country to design the collection. Over 50 former and current summer Olympians participated in focus groups in Vancouver, Calgary, Toronto and Montreal and provided valuable feedback and suggestions that contributed to the goal of creating a team

-more-

uniform package that exceeds the athletes’ fashion and functional needs.Many athletes were unprepared for the heat they experienced in Athens and asked that clothing be appropriate for the expected high temperatures in Beijing. In response, the clothing incorporates performance fabrics that provide UV protection, four way stretch, odor resistance, and wicking and cooling properties for ultimate comfort. The clothing is also eco-friendly, using materials such as bamboo, cotton blends, cacona and organic cotton.Most of the pieces will be available for sale as replica wear both in Bay and Zellers stores, online at www.hbc.com, at Canada House and the BC Pavilion during the Olympic Games in Beijing.

The collection includes special ‘team-only’ pieces that will not be for sale to the public.These include the opening ceremony outfit and the podium jacket.The designs for parade wear -- the clothing worn in the Opening Ceremony -- and the clothing designed for the medal podium will only be unveiled at the 2008 Olympic Games. Canada’s Olympic team members in Beijing will each receive 25 items, as part of the 2008 Team package, including leisure wear, jackets, pants and shorts, hoodies, t-shirts, shoes and luggage.

“I’m happy that Hbc took the time to consult with athletes on the design of the team uniforms and has created cool, eco-friendly outfits that will meet our needs in Beijing yetclearly identify us as Canadian,” said rhythmic gymnast Alexandra Orlando of Toronto, who has already qualified for the Beijing 2008 Olympic Games.

Hbc is the Official Clothing and Luggage Supplier to the Canadian Olympic team and the Official Department Store Partner and General Merchandise Retailer in Canada until 2012.The Hbc Foundation has also committed to raising $20 million dollars through 2012 to help fund our athletes, their training facilities and their national sports organizations. To date, the Company has already raised nearly $6 million toward its goal. Funds are raised on Canada Day at the Hbc Run for Canada in communities across the country and an annual charity golf tournament.

The Canadian Olympic Committee (COC) is a national, private, not-for-profit organization committed to sport excellence. It is responsible for all aspects of Canada's involvement in the Olympic movement, including Canada's participation in the Olympic and Pan American Games and a wide variety of programs that promote the Olympic movement in Canada through cultural and educational means. For more information, see the COC website: www.olympic.ca.

Hbc is Canada's largest diversified general merchandise retailer, operating in department store (the Bay), mass merchandise (Zellers), specialty (Home Outfitters) and discount (Fields) formats. With more than 600 retail outlets and nearly 70,000 associates located in every province in Canada, Hbc provides Canadians with stylish, quality merchandise at great value, through retail banners focused on exceptional customer service. Hbc is a Canadian retail leader in corporate social responsibility, and the fifth annual Hbc CSR report can be found at www.hbc.com.

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Apparel Images available at:

http://www.hbc.com/hbc/mediacentre/gallery/default.asp?intCategoryId=8

Hbc Removes All Bisphenol-A (BPA) Baby Products and Announces Additional BPA-Free Products to Arrive in Bay and Zellers Stores

Hbc Removes All Bisphenol-A (BPA) Baby Products and Announces Additional BPA-Free Products to Arrive in Bay and Zellers Stores

TORONTO, ON - April 16, 2008 - Hudson’s Bay Company (Hbc) has announced that it will act immediately to remove all BPA baby product from its 94 Bay stores and 280 Zellers stores as a result of the pending announcement by Health Canada that bisphenol A (BPA) is a ‘dangerous substance’.

“We take product safety issues very seriously,” said Robert Johnston, President and CEO, Hbc.“We are taking immediate action to remove the product and offer only BPA-free baby products in our stores.”

Maintaining a supply of safe baby products is essential for consumers, and Hbc has taken steps to ensure that necessary baby products are available in its stores.As a result, the Company has secured more than 55,000 units of Glass Baby Bottles for its stores and has acquired additional BPA-free product, including glass and polypropylene baby bottles, bottle liners, nipples, bottle inserts and drinking cups.Hbc currently carries name brand glass bottles from Evenflo, Dr. Brown’s and Chicco in various sizes that range in price from $3.29 to $9.97, as well as BPA-free plastic bottles by “NUBY”.

Hbc is Canada's largest diversified general merchandise retailer, operating in department store (the Bay), mass merchandise (Zellers), specialty (Home Outfitters) and discount (Fields) formats. With more than 600 retail locations and nearly 70,000 associates located in every province in Canada, Hbc provides Canadians with stylish, quality merchandise at great value, through retail banners focused on exceptional customer service. Hbc is a Canadian retail leader in corporate social responsibility, and the fifth annual Hbc CSR report can be found at www.hbc.com.

HBC Announces Passing of Jerry Zucker

HBC Announces Passing of Jerry Zucker

Saturday, April 12, 2008, Toronto/Ontario - The Board of Directors of Hudson’s Bay Company (HBC) is saddened to announce the passing, earlier today, of its Governor and Chief Executive Officer (CEO) Jerry Zucker after a battle with cancer.Mr. Zucker is survived by his wife Anita Zucker, children Jonathan Zucker, Andrea Muzin, and Jeffrey Zucker, and by grandchildren Stella Muzin and Jeremy Zucker.

Effective immediately, Anita Zucker will become Governor of HBC, making her the first woman to hold that position in the Company’s 338-year history.Current HBC Deputy Governor and President Rob Johnston will become CEO.The Board of Directors and executive teams remain otherwise unchanged.

Mr. Zucker was a distinguished scientist, prolific inventor, and visionary business leader who founded The InterTech Group, today one the largest privately held corporations in the United States.In 2006, he acquired the Hudson’s Bay Company, the oldest commercial corporation in North America.Together with his wife, Anita, he is renowned in South Carolina and beyond for his philanthropic and community endeavors.

“While we grieve this tragic loss, the Zucker family is committed to the continued success and growth of Hudson’s Bay Company and its related entities,” said newly appointed Hbc Governor Anita Zucker.“We are confident in our stellar management team, led by Rob Johnston, and our dedicated associates, and I look forward to working closely with them to continue bringing innovation and quality to the Canadian consumer.”

HBC Deputy Governor, President and CEO Rob Johnston stated, “Our thoughts and prayers go out to the Zucker family in their time of mourning.The best tribute we can give to Jerry is to continue his vision for the long-term success of HBC.Anita has been a trailblazer in the business and philanthropic communities for over 30 years, and it is therefore befitting that she be the first woman Governor of HBC.I appreciate the Zucker family’s confidence in our management team, and in me personally, and I know that together we will continue to guide this historic company in a way that will make Canadians proud.”

Hbc is Canada's largest diversified general merchandise retailer, operating in department store (the Bay), mass merchandise (Zellers), specialty (Home Outfitters) and discount (Fields) formats. With more than 600 retail outlets and nearly 70,000 associates located in every province in Canada, Hbc provides Canadians with stylish, quality merchandise at great value, through retail banners focused on exceptional customer service. Hbc is a Canadian retail leader in corporate social responsibility, and the fifth annual Hbc CSR report can be found at www.hbc.com.

600 Plus Hbc Stores Join Earth Hour Movement by Turning Off Lights on March 29th

600 Plus Hbc Stores Join Earth Hour Movement by Turning Off Lights on March 29th

- Stores will reduce or turn off lighting at 8:00 p.m. Local Time -

Toronto, ON – March 29, 2008 – More than 600 Hudson's Bay Company (Hbc) stores, including the Bay, Zellers, Home Outfitters and Fields, will participate in Earth Hour 2008, a global environmental sustainability movement to raise awareness about global warming.

Hbc stores from coast to coast will turn off or reduce all lighting for one hour starting at 8 p.m. on March 29, 2008.

All external signage and perimeter lighting will be turned off
Store lighting will be reduced within the limits of customer and associate safety
During this hour, shoppers will be alerted to the Earth Hour movement by public address system announcements

Hbc is a retail leader in environmental sustainability with unique corporate and store initiatives including:

Zero waste - Hbc’s corporate head office located in downtown Toronto is the first office tower in Canada to achieve the ‘zero waste’ designation.

Recycling at store level - In 2006, Zellers and Bay stores recycled 606 kg (1,333 lb) of rechargeable batteries and cell phones.

Eco-friendly products such as Truly Ultra Cold Water Laundry Detergent, ENERGY STAR qualified appliances and 100 per cent Organic Cotton house wares and apparel are available at the Bay and Zellers.

Hbc is Canada's largest diversified general merchandise retailer, operating in department store (the Bay), mass merchandise (Zellers), specialty (Home Outfitters and Designer Depot) and discount (Fields) formats. With more than 580 retail locations and nearly 70,000 associates located in every province in Canada, Hbc provides Canadians with stylish, quality merchandise at great value, through retail banners focused on exceptional customer service. Hbc is a Canadian retail leader in corporate social responsibility, and the fifth annual Hbc CSR report can be found at www.hbc.com.

Canadian Red Cross Recognizes Four Babysitters as Heroes

Canadian Red Cross Recognizes Four Babysitters as Heroes

(OTTAWA, March 13, 2008) – Four young Canadians will be honoured this month for being outstanding caregivers through the Canadian Red Cross and the Hudson’s Bay Company (Hbc) Babysitter Hero Awards.

Sponsored by Hbc, the Canadian Red Cross Babysitter Hero Award recognizes outstanding young people who put their Red Cross babysitting training to work and demonstrate an exceptional commitment to protecting and caring for children. Recipients of the award go above and beyond the call of duty as babysitters, and have a strong dedication to creating a safe environment for children in their care.

“These four young people are babysitter heroes because they understand that being a babysitter is not just a job, it’s also a huge responsibility,” said Conrad Sauvé, Secretary General of the Canadian Red Cross. “Our babysitters course stresses this, by providing youth with knowledge and confidence to deal with life’s emergencies”.

The list of Babysitter 2008 Heroes and their regions are:

Tristan Unsworth – Howie Centre Nova Scotia

Kimberly Sweeney – St. JeromeQuebec

Elisha Heyman – KingstonOntario

Kara Warnock – SurreyBC.

The awards will be held in four separate events throughout the country that focus on each recipient. Representatives from the Canadian Red Cross and Hbc will present each recipient with an award and a $500 Hbc gift card at their local Zellers store.

Since 1972, the Red Cross has trained more than one million babysitters in Canada to be prepared, fun and responsive caregivers. Sponsored by Hbc, the activity-based course features age-specific content that covers caring for kids, injury prevention, first aid and leadership skills. For more information, please visit "The Canadian Red Cross Babysitter Hero Award", or contact your local Red Cross office.

The Canadian Red Cross is a member of the International Red Cross and Red Crescent Movement, which includes the International Federation of Red Cross and Red Crescent Societies, the International Committee of the Red Cross and 185 national Red Cross and Red Crescent Societies. Our mission is to improve the lives of vulnerable people by mobilizing the power of humanity in Canada and around the world.

Hbc is Canada’s largest diversified general merchandise retailer, operating in department store (the Bay), mass merchandise (Zellers), specialty (Home Outfitters and Designer Depot) and discount formats (Fields).With more than 600 retail outlets and nearly 70,000 associates located in every province in Canada, Hbc provides Canadians with stylish, quality merchandise at great value, through retail banners focused on exceptional customer service.Hbc is a Canadian retail leader in corporate social responsibility, and the fifth annual Hbc CSE report can be found at www.hbc.com.

Hbc’s In-Store Restaurants Join the Heart and Stroke Foundation

Hbc’s In-Store Restaurants Join the Heart and Stroke Foundation

Toronto, March 7, 2008 – Hbc today announced that it has worked with the Heart and Stroke Foundation’s Health Check program to introduce healthier menu items in restaurants located inside Bay and Zellers stores.The program allows customers to check the menu for a Health Check symbol, which identifies healthy options.

“Nutrition continues to be an important factor for our customers, especially when eating out,” says Senay Johnson, Hbc Merchandise Marketing Manager – Foodservice. “We want to provide our restaurant customers with healthy options that fit their lifestyle and still taste great.”

The ‘Lifestyle Choices’ menu items have been reviewed byHeart and Stroke Foundation dietitians and meet specific nutrient criteria based on Canada’s Food Guide. Food items are evaluated for total fat, saturated fat, protein and sodium. The Health Check menu items identify healthy food choices that contribute to overall healthy eating, not just heart healthy eating.

“We’re pleased to have hbc in-store restaurants joining the Health Check restaurant program. Consumers are looking for healthy options when they eat out, and the Health Check symbol helps them to identify these items more easily,” says Kathy Furgala, Registered Dietitian, Health Check program.

The program launches at Bay and Zellers restaurants across the country starting on February 9, 2008 with new menu items to be added seasonally. Some menu choices include:

·Morning Berry Crunch with vanilla yogurt & mixed berries, topped with crunchy granola -160 calories, 2 grams fat, 125 mg sodium, 4 grams fibre.

·Ginger Sesame Asian Salmon Salad with a moist, flaky filet of salmon, brushed with ginger sesame marinade for a uniquely Asian flavour 260 calories, 11 grams fat, 550 mg sodium, 4 grams fibre

·Egg Beaters® sandwich melt with sliced tomato and a blend of cheeses, stacked onto a toasted English muffin and broiled to perfection – 325 calories, 7 grams of fat, 544mg sodium and 5 grams of fibre

Hbc Re-Launches Popular Historical Comic Book Based on Canadian History

Hbc Re-Launches Popular Historical Comic Book Based on Canadian History

Toronto/ON – February 13, 2008 – Hudson's Bay Company (Hbc) is pleased to announce the re-launch of a cherished educational resource for Canadian students: Tales from the Bay.Long out of print, Tales from the Bay is a comic book featuring three stories drawn from the Company’s rich history.Originally published in 1995 to help celebrate Hbc’s 325th anniversary, Tales from the Bay has remained a favourite of teachers and students.

Developed in partnership with CoEd Communications of Toronto, Tales from the Bay uses the universally appealing comic-book style to make history accessible to students.A detailed Teacher’s Guide, created by teachers for teachers, helps integrate the content into lesson plans.And best of all – it’s free. Teachers simply need to visit CoEd’s website at www.4edu.ca/tors/hbctales to order a class set.

Tales from the Bay is just one of a number of free educational resources offered by Hbc.The cornerstone of the program is Adventurers - Hudson's Bay Company – The Epic Story.Available since 2000, more than 60,000 copies have been distributed.

“The history of Hbc is something that all Canadian children learn in school,” said Rob Johnston, President, Hbc.“Through our history foundation, Hbc strives to preserve and promote Canadian heritage.That’s why we are bringing this popular historical comic book back to a new generation of Canadian children.”

The Hbc Foundation is a leading charitable organization dedicated to improving the lives of Canadians through programs that reflect their distinct values.Each year, by working closely with local and national organizations across the country, Hbc will invest more than $10 million in organizations committed to building healthy families, creating strong communities and inspiring Canadians.

Each year, Hbc supports numerous programs that preserve and promote Canadian heritage.These programs include ongoing contributions to the Manitoba Museum and the UNESCO recognized Hbc archival collection, the Canadian Canoe Museum and the Local History Grant program, which delivers funding to small history projects initiated at the community level.

CoEd Communications Inc. is a not-for-profit educational communications company, specializing in the production and promotion of free, quality, curriculum-based educational resource material for the Canadian school system.CoEd works in conjunction with Departments/Ministries of Education, school districts/boards, associations, teachers and subject specialists across the country.

Zellers Important Safety Hazard Notice

Zellers Important Safety Hazard Notice

Cherokee Baby brand 2-piece striped short sleeved sleeper and booties

TORONTO, January 28, 2008 - Zellers announced today that it is recalling a 2-piece infant sleeper and booties set imported by Hbc from Sumeet Exports of India and sold under the CHEROKEE BABY ® brand.Hbc discovered through its quality assurance process, that the buttons on the sleeper are different than the ones originally ordered, and that the new buttons are painted using lead paint.As this contravenes Hbc’s safety standards, the Company has removed the sleepers from stores and is advising customers of this potential hazard.

The 2-piece sets were sold at Zellers stores across Canada from January 2008 at a price of $12.97.There have been no reports of any injuries. Zellers is taking all precautions to ensure that no injuries occur.

The sleeper and booties are striped and short sleeved, and come in pink, blue and green stripes.The items were available in sizes 0 to 3 months, 3 to 6 months and 6 to 12 months. The jumper is made of 100 percent cotton and the brand “Cherokee Baby ®” is printed on the inside label.

Zellers has removed all remaining sets from its stores and urges customers to stop using them immediately and return to any Zellers store for a full refund.

Hbc is committed to customer safety.Should the Company discover a problem with any product, it will take appropriate measures to ensure the matter is brought to the attention of its customers and corrected immediately.

About Hbc

Hbc Announces $2.9 Million Donation to Support Canadian Olympic Hopefuls

Hbc Announces $2.9 Million Donation to Support Canadian Olympic Hopefuls

- 200 athletes and training facilities in Halifax, Montreal, Toronto, Saskatoon, Calgary and Vancouver to receive funds -

January 24, 2008. TORONTO, ON – Hudson’s Bay Company (Hbc) today announced it is donating $2.9 million to Canadian Olympic hopefuls, $2 million of which was raised through its annual Hbc Run for Canada campaign.The funds will go directly to 200 Canadian athletes, various national training centres and the country's top sport organizations, in an effort to provide Canadian athletes with direct financial assistance and resources to help them reach the podium.

"As one of Canada’s leading retailers, we are proud to support the development of Canadian athletes working towards reaching their medal goals,” said Rob Johnston, President, Hbc.“Not only are we proud to dress the athletes competing at the Games, our commitment to raise over $20 million will have a direct impact on the ability of our athletes to compete on the world stage.”

The $2.9 million donation is the third installment of the $20 million Hbc has committed to raise by 2012, primarily through the annual Hbc Run for Canada event.To date, the Company has already raised nearly $6 million towards its goal. The funds were raised by the more than 13,000 Canadians who participated in the 2007 run, which will expand from 13 to 15 cities across the country in 2008. Edmonton and Quebec City will become the new host cities.

The remainder of the funds were raised through in-store activities and an annual golf tournament in support of the athletes. In addition to raising $20 million, Hbc hopes to build awareness for Canadian athlete funding and encourages Canadians to become involved in supporting their local athletes by participating in the annual Run for Canada in July.

"Talented athletes are constantly struggling to pay for the training, equipment and living expenses that are required to compete at the international level,” said Marc Gélinas, COC Director of Athlete and Community Relations.“The COC believes that all Canadian high performance athletes should be able to focus on their training and competitions.Hbc's continued support ensures that they receive the much needed financial support leading up to the Beijing 2008 Olympic Games and also for many years to come."

A total of $1 million will go directly to 200 competing Canadian athletes chosen by the Canadian Olympic Committee in consultation with the Canadian Paralympic Committee, Commonwealth Games Canada and the National Sport Federations.Each Federation has identified their medal hopefuls, including their up-and-comers for the 2010 Games and beyond. The remaining funds will go to organizations and training centres, which directly impact Canadian athletes.

For a complete list of the 200 Canadian athletes selected to receive funds through Hbc’s Run for Canada program, please visit: http://www.hbcrunforcanada.ca/2008/athletes.php

Funding Breakdown

$1,000,000200 Canadian athletes

$300,000“Own the Podium” – an initiative supporting athletes training for the Olympic Winter Games

$300,000 “Road to Excellence” – an initiative supporting athletes training for the Olympic Games

$300,000Canadian Paralympic Foundation

$400,000 Commonwealth Games Canada

$300,000Pacific Sport National Training Centre (Victoria)

$50,000 (each) Canadian Sport Centre Atlantic (Halifax)

Centre National Multisport-Montreal

Canadian Sport Centre Ontario

Canadian Sport Centre Manitoba

Canadian Sport Centre Saskatchewan

Canadian Sport Centre Calgary

About Hbc

About the Canadian Olympic Committee

The Canadian Olympic Committee is a national, private, not-for-profit organization committed to sport excellence. It is responsible for all aspects of Canada's involvement in the Olympic movement, including Canada's participation in the Olympic and Pan American Games and a wide variety of programs that promote the Olympic Movement in Canada through cultural and educational means.For more information see the COC website: www.olympic.ca.

Hudson's Bay Company Donates $50,000 to the Canadian Sport Centre of Saskatchewan

Hudson's Bay Company Donates $50,000 to the Canadian Sport Centre of Saskatchewan

Saskatoon – January 7, 2008 – Hudson's Bay Company (Hbc) President, Robert Johnston, was in Saskatoon today to visit local Bay, Zellers, Home Outfitters and Fields stores, and also to present a $50,000 cheque to the Canadian Sport Centre of Saskatchewan.The donation is part of Hbc’s commitment to support local amateur athletes in their pursuit of medals at the Commonwealth, Olympic and Paralympic Games.

“The Canadian Sport Centre of Saskatchewan assists in creating a premiere training environment for amateur athletes,” said Johnston, who is conducting store tours and meeting associates in communities across Saskatchewan.“Our commitment to supporting athletes in their quest to reach the podium really starts at centres like this, and we’re proud to be involved with its ongoing success.”

The Canadian Sport Centre of Saskatchewan provides a comprehensive range of services for athletes and coaches, covering all aspects of life – both inside and out of the sport world.The Centre’s programs and services are divided into three streams: Performance Enhancement, Support Services and Life Services to enhance overall development.

“On behalf of the athletes and coaches of the Canadian Sport Centre of Saskatchewan, we are extremely grateful to Hbc for their outstanding support. Through this funding, we have been able to create and enhance programs to better prepare our high performance athletes and coaches as they strive for podium success,” said Shirley Kowalski, Chair of the Canadian Sport Centre of Saskatchewan.

Hbc intends to raise $20 million to amateur athletes and elite training facilities, including the Canadian Sport Centre of Saskatchewan, over a period of seven years.To date, the Company has raised $5.8 million through in store events, as well as the annual Hbc Run for Canada, which takes place in 15 cities across Canada, including Saskatoon.Funds raised through the Hbc Run for Canada are donated to athletes in the form of bursaries.

Hbc is Canada's largest diversified general merchandise retailer, operating in department store (the Bay), mass merchandise (Zellers), specialty (Home Outfitters and Designer Depot) and discount (Fields) formats. With more than 580 retail outlets and nearly 70,000 associates located in every province in Canada, Hbc provides Canadians with stylish, quality merchandise at great value, through retail banners focused on exceptional customer service. Hbc is a Canadian retail leader in corporate social responsibility, and the fifth annual Hbc CSR report can be found at www.hbc.com.

HBC UNVEILS GREENEST ZELLERS EVER

HBC UNVEILS GREENEST ZELLERS EVER

Waterdown, ON – November 30, 2007 – Hudson's Bay Company (Hbc) is pleased to announce the grand opening of its new 120,000 square foot Waterdown Zellers location on Saturday, December 1st. This location will be the greenest Zellers ever, featuring a variety of progressive elements that will minimize the store’s impact on the environment.

“The Waterdown Zellers store will be a ‘proving’ ground for eco-friendly initiatives that could be included in other Hbc stores in coming years,” said Robert Johnston, President, Hbc.“This is one of the many important green initiatives Hbc has undertaken in 2007 as part of our Global Mind program. We have also increased the number of our trucks using bio-diesel and undertaken Zero Waste programs at our head offices and seven stores.”

In recognition of the environmental significance of this new Zellers store, the Ontario Power Authority’s Chief Energy Conservation Officer, Peter Love, presented Hbc with a special certificate of recognition that will be placed in the store.

“HBC is the oldest company in Canada, and it has been part of our culture since the 1600s,” said Love. “How fitting that our oldest company has so completely embraced modern technology and practices to reduce energy use and greenhouse gas emissions. I applaud HBC for continuing to be a leader in Canada, and for doing so much to develop a culture of conservation.”

The sustainable building measures Hbc implemented in the Waterdown location include:

Two windmills, which will generate enough electricity to power a house.

Solar panels, which will power recycling compactors and help light the store.

A white roof which reflects and disperses heat.

Waterless urinals and touchless faucets, which will reduce water use.

ERV - energy recovery ventilators, which will help control air quality for customers and reduce the store’s demand for energy.

HVAC – heating, ventilating and air conditioning units, which use no ozone depleting refrigerants.

PRA - pressure relief assembly: to control air quality into the store.

The Waterdown Zellers features a fully automated energy management system that is controlled remotely by Hbc’s head office.The system allows for central control over the timing of indoor and outdoor lights, temperature control, CO2 reduction, humidity control, electricity consumption, remote lighting and more. This system allows Hbc to raise temperatures and reduce lighting levels in the store during heat waves in response to energy conservation requests by the Province of Ontario.

Efforts to ensure that the new Waterdown location will leave the smallest ecological footprint possible means that it will also benefit from:

Kitchen exhaust control to reduce energy consumption used by ventilating fans.

Exclusive use to green products for cleaning the store.

Return programs for rechargeable batteries and cell phones.

A program to take back plastic shopping bags and to promote the use of reusable ones.

Exterior signage is LED illuminated.

State of the art InterfaceFLOR covering (carpet) which is carbon neutral, with 40% recycled content and can be fully reclaimed.

“In addition to being a state of the art Zellers store with approximately 200 associates employed, it will also feature programs like plastic shopping bag and battery recycling, and an in-store Zero Waste program that will allow our associates and customers to take an active role in reducing the store’s environmental footprint,” said Kevin Hanoman, store manager.

The new Waterdown location also benefits from custom designed, color specific signage and photography aimed at making store navigation and searching for leading brands like Alfred Sung, Midtown, Sportek and Stuff by Hillary Duff a more intuitive customer experience. Waterdown will feature an updated, rustic take on the classic Zellers dinner, a neighbourhood market location with grocery items, and a new display concept that will showcase jewelry and accessories together in an easy to browse format.

The Zellers Waterdown location is an important part of the Hbc’s broader sustainability program called Global Mind. Hbc is committed to ensuring its stores and operations are energy efficient and environmentally friendly through programs such as:

Zero waste - Hbc’s corporate head office located in downtown Toronto is the first office tower in Canada to achieve the ‘zero waste’ designation.

Enwave deep cooling - In 2005, Hbc was the first retailer to embrace green energy. By converting its one-million-square-foot Queen Street Bay to green energy for air conditioning, the new system uses 90 per cent less electricity than conventional chillers.

Recycling at store level - In 2006, Zellers and Bay stores recycled 606 kg (1,333 lb) of rechargeable batteries and cell phones.

Eco-friendly products such as Truly Ultra Cold Water Laundry Detergent, ENERGY STAR qualified appliances and 100 per cent Organic Cotton house wares and apparel are available at the Bay and Zellers.

Countdown to Christmas: Zellers Announces 24 Hour Shopping Plus Price Cuts on Toys, Gift Wrap and Cards

Countdown to Christmas: Zellers Announces 24 Hour Shopping Plus Price Cuts on Toys, Gift Wrap and Cards

Toronto/ON - December 19, 2007 - Running out of time to get ready for the Holidays? Zellers has the answer.Starting today, more than 60 Zellers stores across Canada will offer 24 hour shopping until December 24, 2007. Zellers will also offer great savings by cutting prices on hundreds of toys, as well as on gift wrap and holiday greeting cards.

“We know that many Canadians have yet to start shopping for everyone on their list,” said Nick Padovano, SVP, Stores.“Zellers is ready to serve you with extra hours leading up to Christmas, and great prices on toys. Our buyers have found additional savings on some of the biggest toys for the holidays.”

Hundreds of toys have been price cut in time for Christmas:

Barbie Island Princess Rosella and Luciana from $26.99 to $19.99

Leapster Learning Game system from $79.99 to $59.99

Test Tube Aliens from $19.99 to $9.99

Dora’s Let’s Get Ready Vanity from $99.99 to $59.99

In addition to cutting prices on toys, Zellers will also lower its prices on gift wrap, greeting cards, books and magazines. Customers will receive the U.S. price on the item thanks to negotiations between Hudson's Bay Company and its vendors.

Hbc is Canada's largest diversified general merchandise retailer, operating in department store (the Bay), mass merchandise (Zellers), specialty (Home Outfitters and Designer Depot) and discount (Fields) formats. With more than 580 retail outlets and nearly 70,000 associates located in every province in Canada, Hbc provides Canadians with stylish, quality merchandise at great value, through retail banners focused on exceptional customer service. Hbc is a Canadian retail leader in corporate social responsibility, and the fifth annual Hbc CSR report can be found at www.hbc.com.

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