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Saks Owner Hudson's Bay Appoints CVS Executive Helena Foulkes as CEO

Bloomberg

Hudson’s Bay Co. , the owner of Saks Fifth Avenue, named CVS Health Corp. veteran Helena Foulkes its next chief executive officer as the department-store operator struggles with declining traffic and a restless activist investor. Foulkes -- ranked among the most influential women in business by Fortune magazine -- will take the helm on Feb. 19 after serving as executive vice president of CVS Health and president of its pharmacy unit...

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