The Biggest Challenge for Hudson’s Bay’s New CEO? Deciding What Not to Do

Hudson’s Bay certainly isn’t a new company, but it does have a fairly new CEO with some new ideas for the company.

Helena Foulkes has been at the helm of Hudson’s Bay less than a year and she’s already made several moves to push the company into a new era. Hudson’s Bay, which owns Saks Fifth Avenue and Lord & Taylor, was founded in 1670, and–in Foulkes’s mind–it has a bit of catching up to do.

“I think the thing that has been hardest is deciding what not to do,” Foulkes said Monday at Fortune’s Most Powerful Women International Summit in Montreal. “There were a lot of opportunities when I arrived and big decisions to be made, and almost every night I left saying, ‘Wow, I seen an opportunity there, there, there. And I had to pace myself and my team to decide which things mattered the most and what I could put to the side.’”

Since taking over in February, Foulkes sold off the remaining part of Lord & Taylor’s flagship New York store (a large part of the retail space was already sold prior to Foulkes’s tenure), she sold off Gilt Group, and entered into a joint venture with the company’s biggest competitor in Europe.

Foulkes said on Tuesday that Hudson’s Bay and Saks have had strong performances. Lord & Taylor, meanwhile, is need of some revitalizing.

“Lord & Taylor is a business where our shoppers, they love it. The problem is there aren’t enough of them,” Foulkes noted.

She also touted Hudson’s Bay’s digital presence, but admits there’s still room for improvement. However, she’s not worried the 348-year-old company is danger of falling the way of other ill-fated retailers like Sears.

“Here’s a great example of what not to do,” Foulkes said she told her staff upon news of Sears’ bankruptcy filing. “I think it’s a really interesting example of a company that prided itself on its amazing real estate, but forgot to be a great retailer for its customers, and at the end of the day that’s what matters.”

Fortune

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Ohio Democrat Tim Ryan might challenge Nancy Pelosi for speaker if Democrats win the House

"No decisions have been made regarding leadership, but Rep. Ryan has left the door open on the matter," said a Ryan staffer. A senior Democratic aide close to Pelosi responded by calling Ryan a "self-promoter."
Politics

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Save The Waves Announces Global Contest, The “Dirty Wave Challenge”

SAVE THE WAVES TO HOST THE DIRTY WAVE CHALLENGE THROUGH ENDANGERED WAVES APP

Global contest to identify and clean the dirtiest surf location.

Davenport, Calif., (October 20th, 2018) – Save the Waves Coalition is proud to announce the launch of the Dirty Wave Challenge, a cash prize and a five thousand dollar stewardship fund that will be awarded to the dirtiest and trashiest surf ecosystem identified on the organization’s Endangered Waves App. The challenge opens October 20th, 2018 and closes on November 20th, 2018.

Launched in early 2018, the new smartphone App empowers surfers and beachgoers to monitor the world’s coastlines and surf ecosystems. Winner of best conservation mobile app in the HeroX competition by XPRIZE, the Endangered Waves App is available for iOS and Android devices.

The Dirty Wave Challenge is simple: capture a photo of the dirtiest and trashiest surf ecosystem, upload it to the app, and the winning photo will receive a cash prize and a day of stewardship with Save The Waves and partners to clean it up.

“There are approximately 31 million surfers worldwide, and they are the front line for our coastlines for climate change, trash, sewage, and other issues. Imagine if this entire community was mobilized to track and report coastal threats,” said Save The Waves Executive Director, Nik Strong-Cvetich.

The goal is to collect data and mobilize beachgoers and the surfing community around the key issues facing our coastlines, with this first challenge focusing on marine debris. Save The Waves Coalition plans to use the photos and data collected to better track and prioritize coastal threats, educate users, and share with coastal agencies and partners to take action worldwide.

“The Dirty Wave Challenge will help us fill the gaps in much needed coastal data and broaden our stewardship reach,” said Strong-Cvetich.

To Enter the Dirty Wave Challenge:

  1. Download the Endangered Waves Mobile App: www.savethewaves.org/mobileapp

  2. Using the App, take a picture of a surf ecosystem trashed with garbage, plastic or marine debris and use a common item for scale such as a person, a surfboard, your hand, etc.

  3. Select the Dirty Wave Challenge entry button, write a brief description, select your location, enter an email address, and submit.

  4. Share your submission on social media with the #dirtywavechallenge

  5. Each participant is only allowed 1 entry per challenge, but please have multiple photos of the issues available to validate entry.

 

The Dirty Wave Challenge is proudly supported by MJD Interactive, WSL Pure, and XPRIZE.

 

About Save The Waves Coalition

Save The Waves Coalition protects and preserves the coastal environment with a focus on the surf zone, through a unique combination of protected areas, economics, and direct action. See more at www.savethewaves.org

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Democrats Eager to Find Candidate to Challenge Susan Collins in Maine

Alex Wong/Getty

Moments after Sen. Susan Collins (R-ME) announced her decision Friday to vote in favor of Judge Brett Kavanaugh’s appointment to the Supreme Court, the race to challenge her in 2020 began.

No Democrat declaratively said that they would take on Collins, who has served since 1997, but a host of names were almost immediately on the lips of operatives in the state and nationally, now eager to find a serious challenger in a state where partisan alignments vary wildly from district to district.

Sara Gideon, the current speaker of Maine’s House of Representatives, intimated in a Facebook statement that she will consider taking on Collins.

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SPECIAL DONATION REQUEST UPDATE:

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Chrissy Teigen Takes a Different Approach to the ‘Hot Ones’ Challenge

Chrissy Teigen is next in line to step up to the Hot Ones challenge. The self-proclaimed “wing and hot sauce freak” tackles the spicy plate with a peculiar strategy to best the notable food obstacles. Throughout the episode, Teigen discusses her meme-generating facial expressions in addition to her own cookbook and chefs that she admires. She also adds her own suggestions to make Mario Kart Odyssey a better game and relays her favorite Twitter battles.

Watch Chrissy Teigen take on the Hot Ones challenge above and let us know your thoughts. In related news, check out how Kevin Hart and Tiffany Haddish switch things up on Hot Ones: Truth or Dab.

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