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HUDSONS BAY EXECUTIVES ANNOUNCE KMART PURCHASE, 1998-02-06 (photo)

HUDSONS BAY EXECUTIVES ANNOUNCE KMART PURCHASE, 1998-02-06 (photo)
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Minimum fee applies to this image / Only available to clients invoiced in Australia, Belgium, Brazil, Bulgaria, Canada, China, Cyprus, Czech Republic, Estonia, Finland, France, French Southern Territories, Greece, Hong Kong, Hungary, India, Ireland, Israel, Italy, Lebanon, Luxembourg, Mexico, the Netherlands, New Zealand, Portugal, Qatar, Republic of Korea, Romania, Russian Federation, Singapore, South Africa, Spain, Sweden, Switzerland, Taiwan, Turkey, United Arab Emirates, United Kingdom and United States
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IMAGE number
REU8258572
Image title
HUDSONS BAY EXECUTIVES ANNOUNCE KMART PURCHASE, 1998-02-06 (photo)
Auto-translated text View Original Source
Artist
Unknown
Medium
photograph
Date
1998 AD (C20th AD)
Shooting Date
1998-02-06
Image description

Members of the Hudson's Bay executive board hold a news conference in Toronto on February 6 to announce they plan to purchase K-Mart in Canada. The Hudson's Bay Company, Canada's oldest retailer, plans to purchase K-Mart Canada for about C$240 million (US$167.9 million) in a transaction that could result in the loss of up to 6,000 jobs. Executives are L to R: CEO Bill Fields, Executive VP George Heller, Gary Lukassen, Executive VP Bob Peter, and Executive VP for Strategy Robert Buchanan. CANADA KMART BAY

Photo credit
REUTERS/Andy Clark / Bridgeman Images
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