Richard A. Baker (businessman)
Encyclopedia
Richard Baker is the Governor and Chairman of the Hudson’s Bay Company, the oldest continuously operating retail company in North America, established in 1670. The Company operates Lord & Taylor
in the United States and The Bay
, Home Outfitters
, Zellers
and Fields in Canada.
On January 13, 2011, Zellers announced plans to sell the leaseholds of the majority (up to 220) of its locations to Target Corporation
, as the Minneapolis-based chain prepares to expand into Canada
in 2013.
Mr. Baker along with his father, Robert Baker, are owners of National Realty and Development Corp. one of the largest private owners of shopping centers in the United States. Additionally, Mr. Baker is the executive chairman of Retail Opportunity Investments Corporation (ROIC), a REIT listed on the Nasdaq Exchange. Its focus is to acquire retail properties on the east and west coasts of the United States.
Mr. Baker is a graduate of Cornell University
where is a member the Advisory Board of both the Real Estate Program and Hotel School.
Lord & Taylor
Lord & Taylor, colloquially known as L&T, or LT, based in New York City, is the oldest upscale, specialty-retail department store chain in the United States. Concentrated in the eastern U.S., the retailer operated independently for nearly a century prior to joining American Dry Goods...
in the United States and The Bay
The Bay
The Bay is a chain of 91 department stores that operate across parts of Canada. It is the main brand of Hudson's Bay Company , North America's oldest company. It has its headquarters in the Simpson Tower in Toronto. In French, the chain is known as la Baie, short for "Compagnie de la Baie d'Hudson"...
, Home Outfitters
Home Outfitters
Home Outfitters is Canada's largest kitchen, bed, and bath superstore, with 69 stores across the country selling bedding, towels, housewares, and other home accessories....
, Zellers
Zellers
Zellers Inc. is Canada's second-largest chain of mass merchandise discount stores, with locations in communities across Canada. A subsidiary of the Hudson's Bay Company , it has 273 locations across the country....
and Fields in Canada.
On January 13, 2011, Zellers announced plans to sell the leaseholds of the majority (up to 220) of its locations to Target Corporation
Target Corporation
Target Corporation, doing business as Target, is an American retailing company headquartered in Minneapolis, Minnesota. It is the second-largest discount retailer in the United States, behind Walmart. The company is ranked at number 33 on the Fortune 500 and is a component of the Standard & Poor's...
, as the Minneapolis-based chain prepares to expand into Canada
Target Canada
Target Canada Co. is the Canadian subsidiary of United States-based discount department store chain Target Corporation, formed in 2011 to oversee the company's Canadian operations....
in 2013.
Mr. Baker along with his father, Robert Baker, are owners of National Realty and Development Corp. one of the largest private owners of shopping centers in the United States. Additionally, Mr. Baker is the executive chairman of Retail Opportunity Investments Corporation (ROIC), a REIT listed on the Nasdaq Exchange. Its focus is to acquire retail properties on the east and west coasts of the United States.
Mr. Baker is a graduate of Cornell University
Cornell University
Cornell University is an Ivy League university located in Ithaca, New York, United States. It is a private land-grant university, receiving annual funding from the State of New York for certain educational missions...
where is a member the Advisory Board of both the Real Estate Program and Hotel School.