Hudson's Bay Expands In Europe

The transcript discusses a strategic opportunity arising from a bankrupt department store company. While the business itself was not appealing, the real estate was valuable. The company negotiated with landlords to acquire prime locations in the Netherlands for Hudson Bay Department stores. The expansion aligns with their global strategy, focusing on affluent and dense markets. The financial plan involves €300 million, mostly funded by landlords, with the company investing in fixtures and inventory. The main goal is to secure high street locations to grow the business.

What are some of the key factors that make the Netherlands an attractive country for Hudson Bay's expansion?

What role do landlords play in the capital investment for the expansion?