Just about every retailing company in the world except Hudson’s Bay Co. Today, virtually every major retailing company in the business operates its physical stores and e-commerce pieces together, reporting up though the same management structure and selling mostly identical products. This is also the way Saks and Saks.com operate…at least it has been until now. Through it all Baker has always said the next move was the one that was really going to take the company to the retail promised land. All the more reason to wonder why in the world Richard Baker and HBC would think this is a good idea.

Source: Forbes January 24, 2021 15:56 UTC