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KM Financial Solutions | UPDATE 1-Hudson’s Bay loss widens, to shut flagship Lord & Taylor Manhattan store
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UPDATE 1-Hudson’s Bay loss widens, to shut flagship Lord & Taylor Manhattan store

04 Jun UPDATE 1-Hudson’s Bay loss widens, to shut flagship Lord & Taylor Manhattan store

Posted at 13:19h in News by
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TORONTO, June 5 (Reuters) – Canada’s Hudson’s Bay Co
said on Tuesday it would sell its unprofitable online
banner Gilt and 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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