The Bay Sells Off Its Headquarters

TORONTO - One of Canada's most prominent shopping malls will become a testing ground for luxury retailers after Hudson's Bay announced plans Monday to open a Saks Fifth Avenue department store at the...

Bad News For Saks

NEW YORK, United Nations - The Saks luxury retail chain, which has agreed to a friendly $2.4-billion takeover offer from Hudson's Bay Co. (TSX;HBC), posted a bigger loss in the second quarter than ana...