By  on September 12, 2019

Following a tough quarter, Hudson’s Bay Co. sees its performance improving in the second half as the retailer puts streamlinings and restructurings of previous seasons behind it to focus on the remaining Saks Fifth Avenue, Saks Off 5th and Hudson’s Bay divisions.

“I feel good about the holiday,” Helena Foulkes, HBC’s chief executive officer, told WWD on Thursday right after the company reported a second-quarter net loss from continuing operations of 462 million Canadian dollars, or U.S. $350 million, from $104 million, or U.S. $79 million, in the year-ago period. Comparable sales were down 0.4 percent.

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