HBC Shares Tumble with Public

Sears Canada isn’t the only older company that has been in trouble lately. The ORM Los Angeles company has read that HBC shares a tumble after the company had announced jobs cuts, and weaker earnings. Jerry Storch the chief executive officer of the Hudson’s Bay Company addressed the company’s stakeholders during the annual meeting of its shareholders in Toronto and the company had announced that it was cutting 2,000 jobs on Thursday. The company released their first-quarter results after the markets closed and it performed worse than analysts anticipated in…

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