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Hudson'S Bay Company
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Luxury retailer Saks is being purchased by Hudson's Bay Co., the parent of Lord & Taylor, for approximately $2.4 billion.
The plywood sheets filling in for shattered windows on the historic Hudson's Bay Co. department store Thursday were turned into a canvas for expressing a city's embarrassment.
For three centuries commencing about 1600, much of the world's commerce was controlled by what one could call "privatized imperialism" in the form of six privately owned trading companies granted state monopolies and operating beyond any independent control.