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Can Going Private Save Hudson’s Bay Company?

Executive Chairman Richard Baker wants to take the owner of Saks Fifth Avenue and Lord & Taylor private. Public or private, the ailing department store operator will need to close stores and endure some short-term losses to survive, industry experts say.
A woman walking past a store
Saks Fifth Avenue (Shutterstock)
By
  • Cathaleen Chen

TORONTO, Canada —

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