Hudson’s Bay Company posts loss of $122m in third quarter 2018

The group generated revenue of CAD$2.19bn (US$1.64bn) for the quarter

North American department-store operator Hudson’s Bay Company (HBC) posted a net loss of CAD$164m (US$122m) in the third quarter of 2018, compared to a loss of CAD$243m (US$181m) for the third quarter of 2017.

The company said losses were due...

Read the full article now!