Hudson’s Bay will cut some 2,000 jobs across North America in a major restructuring. Cananda’s oldest retailer said the move will help the company save more than $350 million annually. “We know we can do better and we are taking bold decisive action,” Chief Executive Jerry Storch said in a statement. Retail in the Age of Amazon.
Other News:
- British Conservatives short of majority, early exit poll suggests
- Trump administration spread ‘lies, plain and simple,’ Comey says at Senate committee hearing
