June 8 (Reuters) - Hudson's Bay Co HBC.TO :
* Hudson's Bay Co - announced its transformation plan
* Hudson's Bay Co - expected to generate more than C$350 million in annual savings when fully implemented
* Hudson's Bay Co - plan includes a reduction of approximately 2,000 positions in North America to create a flatter, more nimble organization
* Hudson's Bay Co - approximately C$170 million in savings is anticipated to be realized during fiscal 2017
* Hudson's Bay Co - expects one-time charges related to this initiative of approximately C$95 million over next 12 months
* Hudson's Bay Co - within HBC's department store group (dsg), separate leadership teams have been established to run each banner independently
* Hudson's Bay Co - Alison Coville has been named president of Hudson's Bay and will have end-to-end responsibility for canadian banners
* Hudson's Bay Co - digital technology joins company's broader it organization to form HBC Technology Group
* Hudson's bay co - store operations across all of hbc's north american banners will be centralized
* Hudson's Bay Co - over next 12 months, expects to identify opportunities "to leverage size and scale of its business to generate significant savings"
* Hudson's Bay - Janis Leigh promoted to chief human resources officer; Janet Schalk, chief technology officer, will lead HBC Technology Group Source text for Eikon: ID:nBw54CTq6a Further company coverage: HBC.TO