Hudson’s Bay CEO Helena Foulkes Reportedly On The Way Out As Retailer Prepares To Go Private

Saks Fifth Avenue’s parent company is reportedly about to lose its CEO, as the high-end department store operator prepares to go private. Hudson’s Bay Co. Chief Executive Helena Foulkes is leaving the company in the coming weeks, The Wall Street Journal reported on Tuesday morning, based on conversations with people familiar with the matter. Read more at CNBC.