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Hudson’s Bay maps growth plan after Saks acquisition

Hudson’s Bay Co. booked $1.6 billion in first-quarter sales, up from $888 million in the year-ago quarter, a jump that reflects the acquisition of Saks Fifth Avenue late last year. The company, which also operates Lord & Taylor and Home Outfitters stores, expects to add new stores in the United States and Canada this year, while also increasing digital sales. Read the CBC.ca The Canadian Press story here

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