By  on June 19, 2013

Hudson’s Bay Co. has some catching up to do.

That was apparent from Richard Baker, chief executive officer, who at the Toronto-based retailer’s annual shareholders’ meeting Wednesday, said the company must elevate productivity, noting that Hudson’s Bay, at $140 in sales per square foot, and Lord & Taylor, at $210 a square foot, lag the North American department store average of $240.

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