TORONTO, April 5- Canadian department store operator Hudson's Bay Co's said on Wednesday it was actively working on major changes in the business to improve performance and further cut costs. The owner of Saks Fifth Avenue and Lord& Taylor reported a fourth quarter loss after markets closed on Tuesday. Weak sales, particularly at its Saks OFF 5 TH outlet chain and...
TORONTO, April 4- Department store operator Hudson's Bay Co reported a quarterly loss on Tuesday, due in part to an impairment charge related to weak sales at Saks OFF 5 TH and Gilt. The retailer posted a net loss of C $152 million, or 83 Canadian cents per share, in the fourth quarter ended Jan. 28, compared with net income of C $370 million, or C $1.88 per diluted share, a...
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