KM Financial Solutions | REFILE-UPDATE 2-Hudson’s Bay shares slide as loss widens; flagship Lord & Taylor store to close
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REFILE-UPDATE 2-Hudson’s Bay shares slide as loss widens; flagship Lord & Taylor store to close

REFILE-UPDATE 2-Hudson’s Bay shares slide as loss widens; flagship Lord & Taylor store to close

TORONTO, June 5 (Reuters) – Canada’s Hudson’s Bay Co
said on Tuesday it would sell its unprofitable online
banner Gilt and close up to 10 Lord & Taylor stores, including
its flagship Manhattan outlet, as its quarterly loss widened on
declines in its European and Saks OFF 5th divisions.

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