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Hudson Group

Hudson, one of the largest travel retailers in North America, is a wholly owned subsidiary of international travel retailer Avolta AG, formerly Dufry AG, of Basel, Switzerland. Based in East Rutherford, New Jersey, United States, the company operates more than 970 Hudson, Hudson News, Hudson Booksellers, cafes, specialty retail and duty-free shops in 87 airports and transportation terminals in the United States and Canada.

The company's holdings include Hudson News, the world's largest operator of airport newsstands.

In 1918, Isaac Cohen founded Hudson County News in Bayonne, New Jersey. In 1947, under the leadership of Robert B. Cohen, Hudson County News began delivering magazines in Hudson County, New Jersey.

In the 1980s, Cohen took over a bankrupt newsstand operator the company was supplying at Newark Liberty International Airport. In 1987, he set up the first branded Hudson News store in LaGuardia Airport. This led to the acquisition of other stores in airports by the Cohen family. This was a separate subsidiary from Hudson News Distributors also owned by the Cohen family.

In 2008, private equity firm Advent International acquired the Hudson Group, and merged Swiss duty-free retailer Dufry of Basel, Switzerland with the Hudson Group. Under the terms, Hudson Group became a wholly owned subsidiary of Dufry. The Cohen family retained ownership of Hudson News Distributors.

In 2011, Hudson Group was given responsibility for all of Dufry's duty-free operations in North America, expanding its travel retail scope.[citation needed]

Later, in 2013, Hudson Group debuted the new "Hudson" travel essentials concept, which had evolved from its "Hudson News" roots to focus on travel essentials. Over time, Hudson Group's retail portfolio expanded even further, and it is now one of the largest travel retailers in North America.[citation needed]

In February 2018, Hudson Group was listed on the New York Stock Exchange under the ticker symbol "HUD".

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