Foulkes finally landed a CEO job in 2018. It just wasn’t at CVS Health, where she had been leading its $81 billion retail pharmacy business. Instead, Foulkes moved to a different part of the retail universe, in February becoming CEO of Hudson’s Bay, a sprawling and money-losing conglomerate of department stores. She has moved quickly to fix the business, selling off Gilt Groupe, closing Lord & Taylor’s flagship, and merging HBC’s struggling Kaufhof chain with a German rival. But will it be enough?
Company Financials (2017, Or Most Recently Completed Fiscal Year)
Revenues ($M) | 115,673 |
Profits ($M) | -4,684 |
Market Value as of 09/18/18 ($M) | 1,473.8 |