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Superstar
This, from an interview, is in G&M today
Mr. Baker told The Globe and Mail in an interview in May that HBC planned to “right-size and rethink” some of its real estate, including the Montreal and Vancouver flagship stores, “to create value beyond the store itself."
“One of the reasons we went private was because people didn’t understand that we are a real estate company that owns three strong operating companies,” Mr. Baker said at the time.
“We’re not a department store chain. We’re a holding company that owns many billions of dollars worth of real estate; and we own [department stores].”
Mr. Baker told The Globe and Mail in an interview in May that HBC planned to “right-size and rethink” some of its real estate, including the Montreal and Vancouver flagship stores, “to create value beyond the store itself."
“One of the reasons we went private was because people didn’t understand that we are a real estate company that owns three strong operating companies,” Mr. Baker said at the time.
“We’re not a department store chain. We’re a holding company that owns many billions of dollars worth of real estate; and we own [department stores].”