Around the Net
Saks Helps Hudson Bay
- Chain Store Age, Thursday, June 5, 2014 8 AM
Hudson's Bay posted a profit in its first quarter, boosted by sales at Saks Inc., which it acquired last year and plans to bring to Canada starting with Toronto. “We’ve been seeing a very strong, positive trend in luxury items — the more unique, the more expensive, the more special a product is, the greater the demand we seem to be getting," said HBC CEO Richard Baker.
