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Richard Baker

Former Executive Chairman, Saks Global

A veteran retailer and savvy businessman since high school, Baker led the highly anticipated acquisition of Neiman Marcus Group and established Saks Global.

Richard Baker
Retail

Report: Hudson's Bay's Bid for Macy's Stumbles

Macy's is skeptical that Hudson's Bay can raise the necessary financing for its bid, and it is not currently engaged in any negotiations about a possible deal.

Retail

Report: Hudson's Bay's Bid for Macy's Stumbles

Macy's is skeptical that Hudson's Bay can raise the necessary financing for its bid, and it is not currently engaged in any negotiations about a possible deal.


Luxury

Should Amazon Challenge Hudson’s Bay for Macy’s?

Hudson’s Bay Company is reported to be in early talks to acquire Macy’s, but an Amazon merger could be a better fit.  

Luxury

Should Amazon Challenge Hudson’s Bay for Macy’s?

Hudson’s Bay Company is reported to be in early talks to acquire Macy’s, but an Amazon merger could be a better fit.  


Retail

A Day of Reckoning for American Department Stores?

2017 could bring a final judgment for some of America’s biggest department store players, which have long faced serious headwinds.

Retail

A Day of Reckoning for American Department Stores?

2017 could bring a final judgment for some of America’s biggest department store players, which have long faced serious headwinds.


Retail

Inside the Reinvention of Saks Fifth Avenue

Can the 92-year-old department store win back high-spending shoppers after years of inching downmarket?

Retail

Inside the Reinvention of Saks Fifth Avenue

Can the 92-year-old department store win back high-spending shoppers after years of inching downmarket?


Workplace & Talent

Power Moves | Roberto Cavalli Names CEO, Aquascutum MD, Carven Men's Designer Exits

BoF compiles the most important professional moves of the week.


Retail

Canadian Retailer Hudson's Bay to Open Stores in Netherlands

Canadian retailer Hudson's Bay Company says it plans to open up to 20 new stores in the Netherlands over the next two years, creating thousands of new jobs in a nation recently hit by the closure of a major chain of stores.

Retail

Canadian Retailer Hudson's Bay to Open Stores in Netherlands

Canadian retailer Hudson's Bay Company says it plans to open up to 20 new stores in the Netherlands over the next two years, creating thousands of new jobs in a nation recently hit by the closure of a major chain of stores.


Retail

Hudson’s Bay Real Estate IPO Moves Closer With Deal for Kaufhof

Hudson’s Bay Co.’s acquisition of a 136-year-old German retailer lifts the value of its real estate by 20 percent to C$11 billion ($8.9 billion) and brings it a step closer to unlocking that value in a new initial public offering.

Retail

Hudson’s Bay Real Estate IPO Moves Closer With Deal for Kaufhof

Hudson’s Bay Co.’s acquisition of a 136-year-old German retailer lifts the value of its real estate by 20 percent to C$11 billion ($8.9 billion) and brings it a step closer to unlocking that value in a new initial public offering.


Retail

Saks Fifth Avenue Building in Manhattan Valued at $3.7 Billion

The landmark Saks Fifth Avenue building in Manhattan was appraised at about $3.7 billion as part of an effort by parent Hudson’s Bay Co. to squeeze more money out of its real estate.

Retail

Saks Fifth Avenue Building in Manhattan Valued at $3.7 Billion

The landmark Saks Fifth Avenue building in Manhattan was appraised at about $3.7 billion as part of an effort by parent Hudson’s Bay Co. to squeeze more money out of its real estate.


Retail

US Chains Court Canada's Luxury Shoppers

Luxury shoppers in Canada, for years ignored by upscale American chains, are finally getting some respect. Nordstrom Inc., the largest U.S. luxury department-store chain, plans to open six Canadian stores this year through 2017.

Retail

US Chains Court Canada's Luxury Shoppers

Luxury shoppers in Canada, for years ignored by upscale American chains, are finally getting some respect. Nordstrom Inc., the largest U.S. luxury department-store chain, plans to open six Canadian stores this year through 2017.



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