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MACY'S
Manager, Business Administration
Permanent · Tacoma
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General Manager - Electric Ave
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Asset Protection Lead - Generalist
Permanent · San Antonio
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Asset Protection Lead - Generalist
Permanent · San Antonio
OLD NAVY
General Manager - Dewitt Commons
Permanent · DeWitt
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Asset Protection Lead - Generalist
Permanent · Selma
FOOT LOCKER
Human Resources Coordinator
Permanent · Junction City
FOOT LOCKER
Overnight Assistant Operations Manager
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Senior Business Systems Analyst (Remote)
Permanent · St. Petersburg
NORDSTROM INC
Manager - Asset Protection - Cascade Station Rack
Permanent · Portland
NORDSTROM INC
Manager - Asset Protection - Cascade Plaza Rack
Permanent · Beaverton
MICHAEL KORS RETAIL INC
Part Time Sales Supervisor, Fort Lauderdale Galleria, Fort Lauderdale fl
Permanent · West Palm Beach
ATHLETA
Chief of Staff to Ceo (Athleta)
Permanent · San Francisco
GAP INC
Asset Protection Service Representative - Forest Hills Gap Austin st
Permanent · New York
GAP INC
Manager, Operations Strategy
Permanent · San Francisco
GAP INC
Product Manager ii– Api Management
Permanent · San Francisco
GAP INC
Senior Marketing Manager – Cobrand
Permanent · San Francisco
SHISEIDO
Analyst, Business System
Permanent · Columbus
ADIDAS
Manager Procurement
Permanent · Portland
L'OREAL GROUP
Manager, Customer Relationship Management (CRM) - l'Oreal Professional Products Division
Permanent · New York
L'OREAL GROUP
Manager, Analytics, CRM & Media - l'Oreal Professional Products Division
Permanent · New York
COTY
Manager, na Compliance
Permanent · Sanford
By
Reuters
Published
Feb 24, 2017
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Canada's Hudson's Bay posts lower quarterly sales

By
Reuters
Published
Feb 24, 2017

Canadian department store operator Hudson's Bay Co on Thursday reported lower sales in the fourth quarter, hurt by weaker results at its European, Saks OFF 5th and Gilt operations.

The owner of luxury retail chain Saks Fifth Avenue said its consolidated comparable sales fell 1.2 percent on a constant currency basis during the fourth quarter ended Jan. 28.



Sales fell 5.9 percent at Saks OFF 5th, which sells designer brands at a discount, and its online shopping website, Gilt. In Europe, where HBC operates Galeria Kaufhof, Galeria INNO and Sportarena, sales decreased 2 percent.

Sales rose 0.6 percent at its department store banners, which include Hudson's Bay and Lord & Taylor, and 0.1 percent at Saks Fifth Avenue.

The Toronto-based company said annualized savings from an operations review are expected to be around C$75 million ($57.23 million), with most of the savings expected this year. The department store operator also said it expects one-time severance charges of close to C$30 million.

Last month, Hudson's Bay stock tumbled more than 20 percent to a record low after it cut its full-year revenue forecast for the second time, citing a challenging retail environment in the United States and Europe. Competitors including Macy's Inc and Kohl's Corp had also reported disappointing performances.

The stock has since climbed nearly 40 percent, closing at C$12.59 on the Toronto Stock Exchange on Thursday.

Earlier this month, sources said the retailer had made a takeover approach for Macy's, which has been struggling in its efforts to overhaul operations.

 

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