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Hudson’s Bay’s Q1 Swings to Black With Help From Real Estate Gain, Saks Fifth

Hudson’s Bay Co.’s first quarter showed progress on initiatives to return the company to profitability, helped by comparable sales growth at its Saks Fifth Avenue and Saks Off 5th operations and the gain from the sale of the Lord & Taylor flagship building in New York City. In a Nutshell: According to chief executive officer…

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