1. Saks Fifth Avenue's Struggling Parent Company is Going Private

    Saks Fifth Avenue's Struggling Parent Company is Going Private
    • Hudson's Bay, which owns Saks Fifth Avenue, is being taken private by a group of its shareholders.
    • The shareholder group, which includes Hudson's Bay Executive Chairman Richard Baker, owns 57% of the Canadian company.
    • Hudson's Bay has struggled to adapt to a dramatic shift to online shopping...
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