That could mean a sale of the U.S. retailer that brought in $1.4 billion in revenues last year. Sellers professed surprise that in taking over the running of a Canadian company Foulkes would be based in Battery Park City, New York. I keep thinking: if you didn’t grow up eating French fries at the Paddlewheel restaurant at the once gorgeous Bay store in Winnipeg, can you really know its heritage? That may come as a surprise for shoppers who wander the aisles of some Bay stores feeling nothing but sadness. Of course, the company has to keep a high polish on its half-retail store now stuck to the Toronto flagship Saks store.
Source: thestar June 04, 2019 19:41 UTC