By  on January 16, 2009

The Hudson’s Bay Trading Co. is centralizing, in a sweeping effort at both its U.S. and Canada retail operations to cuts costs and operate more efficiently in the difficult business climate.

The finance, IT, supply chain, logistics and store operations units at HBTC’s retail divisions — The Bay, Zellers, Home Outfitters and Fields in Canada, and Lord & Taylor and Creative Design Studios in the U.S. — have been centralized into a new Shared Services Group, based in Toronto and a few locations in the U.S.

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