CANADA: Hudson’s Bay swings to Q2 loss
Canadian department store retailer Hudson's Bay Company swung to a loss during the second quarter, weighed down by CAD59.9m (US$58m) in costs related to the pending acquisition of US luxury retailer Saks.
Canadian department store retailer Hudson's Bay Company swung to a loss during the second quarter, weighed down by CAD59.9m (US$58m) in costs related to the pending acquisition of US luxury retailer Saks.