Retail

Retail
Hudson’s Bay Struggles Through Q1 Despite Saks Gains

Although Hudson’s Bay has taken a number of significant steps to right its financial course, including winding down its Home Outfitters chain and selling its German operation, the company still posted a bigger first quarter adjusted net loss. The bigger loss came despite improvement at its Saks department store and off-price operations.

Retail
Newegg Expands Global Reach

Tech-focused e-retailer Newegg, which extends into more than 80 countries, has added 29 countries to its global network. The company unveiled the expansion during its Newegg Seller Summit, which is part of London Tech Week.

Retail
Home Depot Supports Midwest Relief Efforts

As a record number of tornadoes and flooding continue to affect the Midwest and neighboring states, The Home Depot is supporting clean-up and relief efforts, including a commitment of up to $250,000 by The Home Depot Foundation.

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