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CORRECTING and REPLACING Hudson’s Bay Provides Update on Response to COVID-19

Second paragraph, first sentence of release should read: "The health and well-being of our associates, customers and communities is our top priority, and remains at the forefront as we make decisions in this rapidly-evolving situation" says Iain Nairn, President, Hudson’s Bay. (instead of Iain Narin).

The corrected release reads:

HUDSON’S BAY PROVIDES UPDATE ON RESPONSE TO COVID-19

In response to the current COVID-19 situation, Hudson’s Bay has made the decision to temporarily close all its stores, effective immediately. Stores will remain closed for 2 weeks, and operations will be reassessed at that time.

"The health and well-being of our associates, customers and communities is our top priority, and remains at the forefront as we make decisions in this rapidly-evolving situation" says Iain Nairn, President, Hudson’s Bay. "This is the right thing to do as we all work together to stay healthy and limit the spread of the virus."

We are working through local and curbside pickup solutions for customers who have placed "Buy Online Pick Up in Store" orders, as well as those who have ordered major home fashions, and remain committed to getting our customers their orders as quickly as possible. Hudson’s Bay will continue to serve customers through its app, and on thebay.com.

During this closure, store associates will be paid for all scheduled shifts that were planned for the two weeks.

About Hudson’s Bay

HBC, incorporated in 1670, is North America’s oldest company. Hudson’s Bay has grown to become Canada’s most prominent department store, today operating 89 full-line locations and thebay.com. Hudson’s Bay has established a reputation for quality, service, and style by offering well-edited assortments of exclusive and popular fashion, beauty, home and accessory designers and brands, as well as exclusive food concepts. It is part of the HBC brand portfolio. The signature stripes are a registered trademark of Hudson’s Bay Company.

View source version on businesswire.com: https://www.businesswire.com/news/home/20200317005735/en/

Contacts

Tiffany Bourré
DVP, Communications
tiffany.bourre@hbc.com
o: 905-595-7184
m: 416-571-1301