By  on June 3, 2014

Hudson's Bay Co., eyeing $10 billion in revenues and a 10 to 12 percent profit margin rate in five years, has a plateful of initiatives in motion to meet the objectives.

At more than $7 billion in revenues, the retail conglomerate is “overspending” on digital initiatives, and is “well on track” to see online sales represent up to 20 percent of gross revenues in five years, according to Richard Baker, the group’s chief executive officer.

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