Hudson’s Bay Company fourth-quarter sales down 5.4%

HBC saw sales decline in the fourth quarter of fiscal 2018

North American department-store group Hudson’s Bay Company (HBC) has posted a 5.4% decline in revenues to CAD$2.9bn (US$2.2bn) for the fourth-quarter of fiscal 2018. The company said that in 2017, results included a 53rd week which added CAD$120m (US$90m) in...

Read the full article now!