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Tag Archives: Saks Fifth Avenue

Saks or no Saks? Apparel retailer’s takeover by Hudson Bay causes jitters over Saks’ Jackson ops center

Canadian retail apparel giant Hudson Bay Co.’s $2.9 billion acquisition of Saks Fifth Avenue and its plan to trim $100 million (Canadian) in back office costs could have consequences for Saks’ longtime operations center in Jackson and its approximately 600 employees. Some of the anxiety in Jackson comes from Hudson Bay’s relocation of its information technology operations center from Toronto ...

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