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HBC to sell Gilt and shutter stores as Q1 loss widens

2018-06-06 11:23:00| Daily apparel & textile news and comment - from just-style.com

Hudson's Bay Company (HBC) has widened its loss in the first quarter amid an announcement by the Canadian retailer that it is to offload its online shopping and lifestyle website Gilt and shutter up to ten of its Lord & Taylor stores - including its flagship on New York's Fifth Avenue.

Tags: sell stores loss gilt

Category:Consumer Goods and Services

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