Retail
June 9, 2017
Retail is facing challenging times. Image credit: Saks Fifth Avenue
By Staff reports
After reporting declining sales for the first quarter of fiscal 2017, Saks Fifth Avenue’s owner Hudson’s Bay Company is streamlining its operations to save on costs.
{"ct":"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","iv":"318f74580733c781d05b555b2aaf223c","s":"8ca8ad1b997fd895"}
Share your thoughts. Click here