Business
HBC closes Home Outfitters business in Canada, to shutter around 20 Saks Off 5th stores
Hudson’s Bay Company (HBC) has announced the closure of its Home Outfitters business in Canada and is performing a fleet review of Saks Off 5th’s 133 stores, with an estimate of closing up to 20 locations in the US. The company said, these actions are part of the company’s strategic plan to reduce costs, simplify the business and improve overall...
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