Hudson's Bay Co. sales fall as company reports $226M loss - Yahoo Canada Finance

Hudson's Bay Co. sales fall as company reports $226M loss - Yahoo Canada Finance

Hudson’s Bay Co. sales fell in the third quarter, partly due to weakness in the luxury market, as a group led by its executive chairman tries to take the company private.

Hudsons Bay Co. (HBC.TO) sales fell in the third quarter as the company grapples with weakness in the luxury market and ongoing challenges at its namesake department store chain. The Canadian retailer reported a net loss of $226 million for the 13-week perio… [+3527 chars]

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