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Hudson's Bay restructuring effort "proceeding as expected"

2017-09-06 12:10:00| Daily apparel & textile news and comment - from just-style.com

Canadian retailer Hudson's Bay Company (HBC) says it is optimistic about the remainder of the year, despite widening its net losses in the second quarter, as its restructuring efforts, designed to generate more than CAD350m (US$282.6m) in savings, is "proceeding as expected".

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Category:Consumer Goods and Services

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