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Posted on 18/07/08

New HBC CEO to rebuild Bay, Zellers

RETAILING REPORTER

Hudson's Bay Co.'s new chief executive is already looking at rebuilding the command structure at the retailer's key chains, separating key vital tasks.Jeffrey Sherman, a seasoned merchant who retired just two weeks ago from fashion powerhouse Polo Ralph Lauren Corp., started as CEO at HBC on Wednesday when it got a new U.S. owner.

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