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A Hudson's Bay Co. store stands in downtown Vancouver, British Columbia, Canada, on Wednesday, Jan. 11, 2017. Hudsons Bay Co., the Canadian department-store giant that owns Saks Fifth Avenue and Lord & Taylor, suffered its worst stock decline in more than a year after a dismal holiday season weighed on its sales forecast. Photographer: Ben Nelms/Bloomberg via Getty Images

A Hudson's Bay Co. store stands in downtown Vancouver, British Columbia, Canada, on Wednesday, Jan. 11, 2017. Hudsons Bay Co., the Canadian department-store giant that owns Saks Fifth Avenue and Lord & Taylor, suffered its worst stock decline in more than a year after a dismal holiday season weighed on its sales forecast. Photographer: Ben Nelms/Bloomberg via Getty Images