Will a CEO without department store experience transform Hudson’s Bay business?

Will a CEO without department store experience transform Hudson’s Bay business?

Helena Foulkes was instrumental in CVS’s decision in 2014 to walk away from $2 billion in annual tobacco sales. Now, she finds herself in a business in which she has no previous experience, and her new employer is touting her as the CEO the company needs to transform its fortunes. Will Helena Foulkes be able to transform Hudson’s Bay Co.’s business?