By  on June 12, 2013

Hudson's Bay Co. narrowed its loss last quarter amid sales gains in Canada, but the retailer wasn’t firing on all pistons.

On Wednesday, the Toronto-based HBC posted a first-quarter net loss of 80.7 million Canadian dollars, or 67 cents a share ($79.3 million, or 66 cents, at current exchange). That’s an improvement over the year-ago loss of 129.7 million Canadian dollars, or 22 cents.

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