As widely guessed, Hudson’s Bay Company is looking closely at replacing its store at Bloor and Yonge Sts with a Saks. Bay officials are quoted as saying the final decision has not been made yet. But there is definitely a plan. “Not confirmed” were the words used by the Bay. It’s been seen as a fairly inevitable move since Hudson’s Bay announced its $2.9 billion (U.S.) takeover of Saks Inc. last summer. The deal was finalized three weeks ago.
