Canadian department store operator Hudson's Bay Company has appointed retail veteran Gerald Storch as chief executive.

Storch, chairman and CEO of Toys"R"Us, will take up the role on 6 January. He will be responsible for Hudson's Bay, Lord & Taylor, Saks Fifth Avenue, Saks Off 5th, Home Outfitters, and HBC Digital.

Current CEO Richard Baker will continue as governor and executive chairman and together he and Storch will compose the office of the chairman.

Additionally, Donald Watros has been appointed president of HBC's newly-formed international unit. In the role he will focus on identifying, launching and operating international expansion opportunities.

Richard Baker, said: "The board and I could not be more pleased to have Jerry, an accomplished executive with a proven track record of growing retailers through both digital and traditional channels, join us. We believe this change will enhance our growth strategy."