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Daily Archives: Nov 8, 2016

Hudson’s Bay Co reports three-fold rise in profit following Kaufhof takeover

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Hudson’s Bay Co. has reported a clear, crisp increase in both fourth-quarter and full-year net earnings as the department store group had a big boost from the sale of property investments. The company, whose banners include Hudson’s Bay, Lord & Taylor and Saks Fifth Avenue among others, said net earnings in the three months ended Jan. 30 was $370 million, ...

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